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AKRYY (Aker Solutions ASA) Accounts Payable & Accrued Expense : $1,010 Mil (As of Jun. 2024)


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What is Aker Solutions ASA Accounts Payable & Accrued Expense?

Aker Solutions ASA's quarterly accounts payable & accrued expense declined from Jun. 2023 ($1,274 Mil) to Dec. 2023 ($331 Mil) but then increased from Dec. 2023 ($331 Mil) to Jun. 2024 ($1,010 Mil).

Aker Solutions ASA's annual accounts payable & accrued expense increased from Dec. 2021 ($248 Mil) to Dec. 2022 ($371 Mil) but then declined from Dec. 2022 ($371 Mil) to Dec. 2023 ($331 Mil).


Aker Solutions ASA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Aker Solutions 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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Aker Solutions ASA Accounts Payable & Accrued Expense Chart

Aker Solutions ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 391.18 355.57 247.85 371.05 330.73

Aker Solutions ASA Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1,046.90 371.05 1,274.13 330.73 1,009.57

Aker Solutions 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.


Aker Solutions ASA Business Description

Industry
Address
Oksenoyveien 8, Lysaker, Fornebu, NOR, 1366
Aker Solutions ASA provides integrated solutions, products and services to the world's energy industry. Aker Solutions provides low carbon oil and gas solutions, and develops renewable solutions for customers around the world. Aker Solutions reports under the following reporting segments which are Renewables and Field Development includes Offshore wind power Green onshore Traditional oil and gas platforms Onshore facilities Decommissioning and marine operations Life Cycle segments involves Optimized field life solutions Decarbonization driven solutions Offshore and onshore facilities Life cycle offerings.