AF Gruppen ASA (FRA:AF8) Accounts Payable & Accrued Expense : €385 Mil (As of Dec. 2023)

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What is AF Gruppen ASA Accounts Payable & Accrued Expense?

AF Gruppen ASA's quarterly accounts payable & accrued expense increased from Jun. 2023 (€714 Mil) to Sep. 2023 (€744 Mil) but then declined from Sep. 2023 (€744 Mil) to Dec. 2023 (€385 Mil).

AF Gruppen ASA's annual accounts payable & accrued expense increased from Dec. 2021 (€353 Mil) to Dec. 2022 (€438 Mil) but then declined from Dec. 2022 (€438 Mil) to Dec. 2023 (€385 Mil).

AF Gruppen ASA Accounts Payable & Accrued Expense Historical Data

The historical data trend for AF Gruppen 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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AF Gruppen ASA Accounts Payable & Accrued Expense Chart

AF Gruppen ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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381.68

319.66

353.27

438.36

384.99

AF Gruppen ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															438.36	777.72	713.94	744.29	384.99

AF Gruppen 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.

AF Gruppen ASA (FRA:AF8) Business Description

Industry

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Traded in Other Exchanges

AGRUF:USA AFGO:Sweden AFG:Norway

Address

Innspurten 15, P.O. box 6272, Oslo, NOR, 0663

Website

https://www.afgruppen.com

AF Gruppen ASA A is one of Norway's leading contracting and industrial groups. It provides civil engineering and services geared toward environmental, building, and energy markets. The company conducts projects related to roads, railways, ports, power, and energy development. For buildings and property development, its services span the entire value chain, and resources are utilized for planning and execution. The majority of revenue comes from traditional building activities, including new projects and rehabilitation ventures. Environmental services revolve around demolition, removal, and environmental clean-up of buildings and industrial plants. AF Gruppen's customers are primarily public agencies and private companies.

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