UPM-Kymmene Oyj (UPM-Kymmene Oyj) Accounts Payable & Accrued Expense : $2,047 Mil (As of Mar. 2024)

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What is UPM-Kymmene Oyj Accounts Payable & Accrued Expense?

UPM-Kymmene Oyj's quarterly accounts payable & accrued expense declined from Sep. 2023 ($2,436 Mil) to Dec. 2023 ($1,486 Mil) but then increased from Dec. 2023 ($1,486 Mil) to Mar. 2024 ($2,047 Mil).

UPM-Kymmene Oyj's annual accounts payable & accrued expense increased from Dec. 2021 ($1,979 Mil) to Dec. 2022 ($2,083 Mil) but then declined from Dec. 2022 ($2,083 Mil) to Dec. 2023 ($1,486 Mil).

UPM-Kymmene Oyj Accounts Payable & Accrued Expense Historical Data

The historical data trend for UPM-Kymmene Oyj'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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UPM-Kymmene Oyj Accounts Payable & Accrued Expense Chart

UPM-Kymmene Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,297.78

1,429.44

1,978.53

2,082.63

1,486.37

UPM-Kymmene Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,275.16	2,595.88	2,436.50	1,486.37	2,046.74

UPM-Kymmene Oyj 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.

UPM-Kymmene Oyj (UPM-Kymmene Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » UPM-Kymmene Oyj (OTCPK:UPMKF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

UPMMY:USA UPMh:UK 0NV5:UK UPM:Finland RPL:Germany

Address

Alvar Aallon katu 1, P.O. Box 380, Helsinki, FIN, FI-00100

Website

https://www.upm.com

UPM-Kymmene Oyj is a Finnish paper and biomaterials company. The company produces products related to the forestry industry including paper, pulp, and plywood. UPM is also a major electricity generator in Finland and is one of the global producers of self-adhesive labeling materials. It delivers responsible solutions and innovation for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. Geographically, the company has operational footprints in Sweden, Finland, the Netherlands, and other regions.

UPM-Kymmene Oyj (UPM-Kymmene Oyj) Headlines

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