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Lanxess AG (WBO:LXS) Accounts Payable & Accrued Expense : €635 Mil (As of Sep. 2023)


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What is Lanxess AG Accounts Payable & Accrued Expense?

Lanxess AG's quarterly accounts payable & accrued expense declined from Mar. 2023 (€739 Mil) to Jun. 2023 (€644 Mil) and declined from Jun. 2023 (€644 Mil) to Sep. 2023 (€635 Mil).

Lanxess AG's annual accounts payable & accrued expense increased from Dec. 2020 (€747 Mil) to Dec. 2021 (€1,094 Mil) but then declined from Dec. 2021 (€1,094 Mil) to Dec. 2022 (€797 Mil).

Lanxess AG Accounts Payable & Accrued Expense Historical Data

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

Lanxess AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 884.00 702.00 747.00 1,094.00 797.00

Lanxess AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 914.00 797.00 739.00 644.00 635.00

Lanxess 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.

Lanxess AG (WBO:LXS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lanxess AG (WBO:LXS) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
LNXSY:USA LNXSF:USA 1LXS:Italy LXSd:UK 0H7I:UK LX9B:Germany LXS:Germany LXS:Germany LXS:Germany LXS:Germany
Address
Kennedyplatz 1, Cologne, DEU, 50569
Website
https://www.lanxess.com
Lanxess is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.

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