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Atlas Copco AB (Atlas Copco AB) Accounts Payable & Accrued Expense : $4,784 Mil (As of Mar. 2024)


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What is Atlas Copco AB Accounts Payable & Accrued Expense?

Atlas Copco AB's quarterly accounts payable & accrued expense declined from Sep. 2023 ($5,052 Mil) to Dec. 2023 ($2,057 Mil) but then increased from Dec. 2023 ($2,057 Mil) to Mar. 2024 ($4,784 Mil).

Atlas Copco AB's annual accounts payable & accrued expense increased from Dec. 2021 ($1,876 Mil) to Dec. 2022 ($2,096 Mil) but then declined from Dec. 2022 ($2,096 Mil) to Dec. 2023 ($2,057 Mil).


Atlas Copco AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Atlas Copco AB'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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Atlas Copco AB Accounts Payable & Accrued Expense Chart

Atlas Copco AB 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 1,413.32 1,502.91 1,875.99 2,095.59 2,057.50

Atlas Copco AB 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 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 4,675.12 5,320.41 5,051.78 2,057.50 4,783.55

Atlas Copco AB 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.


Atlas Copco AB (Atlas Copco AB) Business Description

Industry
Address
Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-105 23
Atlas Copco is a 140-year-old Swedish company that pioneered air compression technology and remains a leading air compressor manufacturer. Atlas Copco is also a leading manufacturer of vacuum pump equipment, industrial power tools, and portable power and air compression equipment. The company's operations match the geographic breadth of its customers, with a presence in 180 countries. Atlas Copco's revenue is derived from three sources: initial equipment sales, spare parts, and maintenance.

Atlas Copco AB (Atlas Copco AB) Headlines