Tomra Systems ASA (Tomra Systems ASA) Accounts Payable & Accrued Expense : $184 Mil (As of Dec. 2023)

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What is Tomra Systems ASA Accounts Payable & Accrued Expense?

Tomra Systems ASA's quarterly accounts payable & accrued expense declined from Jun. 2023 ($59 Mil) to Sep. 2023 ($57 Mil) but then increased from Sep. 2023 ($57 Mil) to Dec. 2023 ($184 Mil).

Tomra Systems ASA's annual accounts payable & accrued expense declined from Dec. 2021 ($167 Mil) to Dec. 2022 ($154 Mil) but then increased from Dec. 2022 ($154 Mil) to Dec. 2023 ($184 Mil).

Tomra Systems ASA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tomra Systems ASA's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tomra Systems ASA Accounts Payable & Accrued Expense Chart

Tomra Systems ASA Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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109.24

145.71

167.22

153.69

184.49

Tomra Systems ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															153.69	54.29	58.78	56.97	184.49

Tomra Systems ASA Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Tomra Systems ASA (Tomra Systems ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Tomra Systems ASA (OTCPK:TMRAF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TMRAY:USA TOMo:Sweden TOM:Norway 0KV7:UK TMRA:Germany

Address

Drengsrudhagen 2, Asker, NOR, 1385

Website

https://www.tomra.com

Tomra Systems ASA provides sorting and recycling solutions to better equip customers for handling waste. It operates two primary business segments: collection solutions (a majority of revenue) and sorting solutions. The company produces, sells, and services automated recycling systems, including data administration systems that monitor the volume of collected materials. It manufactures reverse vending machines to collect empty beverage containers. The empty beverage containers are gathered and processed into reusable molds. Tomra services the machines and provides replacement parts to ensure optimal performance. Food sorting solutions inspect individual pieces and stop resources from going to waste. The majority of revenue comes from customers in Europe, North America and Rest of World.