Nexans (FRA:NXS) Accounts Payable & Accrued Expense : €1,826 Mil (As of Dec. 2023)

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What is Nexans Accounts Payable & Accrued Expense?

Nexans's quarterly accounts payable & accrued expense declined from Dec. 2022 (€1,966 Mil) to Jun. 2023 (€1,769 Mil) but then increased from Jun. 2023 (€1,769 Mil) to Dec. 2023 (€1,826 Mil).

Nexans's annual accounts payable & accrued expense increased from Dec. 2021 (€1,829 Mil) to Dec. 2022 (€1,966 Mil) but then declined from Dec. 2022 (€1,966 Mil) to Dec. 2023 (€1,826 Mil).

Nexans Accounts Payable & Accrued Expense Historical Data

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

Nexans Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,439.00

1,354.00

1,829.00

1,966.00

1,826.00

Nexans Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,829.00	1,935.00	1,966.00	1,769.00	1,826.00

Nexans 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.

Nexans (FRA:NXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nexans (FRA:NXS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

NXPRF:USA NEXNY:USA 0IGF:UK NEX:France NXS:Germany

Address

8 rue du Général Foy, Paris, FRA, 75008

Website

http://www.nexans.com

Nexans is a French company that manufactures and distributes cable products. The company operates through three segments. The transmission, distribution, and operators segment consists of power cables for energy infrastructure, as well as copper and optical fiber cables for public telecommunication networks. The industry segment refers to specialty cables for industrial customers, as well as cables for the shipbuilding, railroad, and aeronautical manufacturing industries, among others. The distributors and installers segment consists of equipment cables for the building market and private telecommunication networks. France, Germany, and Norway are the three biggest markets for the company.

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