Leoni AG (WBO:LEO) Accounts Payable & Accrued Expense : €891 Mil (As of Dec. 2022)

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What is Leoni AG Accounts Payable & Accrued Expense?

Leoni AG's quarterly accounts payable & accrued expense increased from Jun. 2022 (€590 Mil) to Sep. 2022 (€625 Mil) and increased from Sep. 2022 (€625 Mil) to Dec. 2022 (€891 Mil).

Leoni AG's annual accounts payable & accrued expense declined from Dec. 2020 (€884 Mil) to Dec. 2021 (€808 Mil) but then increased from Dec. 2021 (€808 Mil) to Dec. 2022 (€891 Mil).

Leoni AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Leoni AG'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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Leoni AG Accounts Payable & Accrued Expense Chart

Leoni AG Annual Data

Trend

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Dec22

Accounts Payable & Accrued Expense

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1,026.64

828.74

883.52

808.02

890.86

Leoni AG Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															808.02	880.09	589.68	625.00	890.86

Leoni AG 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.

Leoni AG (WBO:LEO) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Marienstrasse 7, Nuremberg, DEU, D-90402

Website

https://www.leoni.com

Leoni AG is a manufacturer of wiring systems used in the automotive, healthcare, communications, and infrastructure industries. The company operates two business segments: wiring systems and wire & cable solutions, which offer entire wiring systems and harnesses, as well as various copper, hybrid, and optical cables and fibers. Its customers include carmakers, automotive suppliers, commercial vehicle manufacturers, the agricultural and special vehicles industry, and makers of power sports vehicles. Leoni generates the largest share of its revenue in Europe, with a focus on Germany and Eastern Europe. The company also has end markets in the Americas and Asia.

Leoni AG (WBO:LEO) Headlines

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