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Orora (FRA:OORD) Accounts Payable & Accrued Expense : €584 Mil (As of Jun. 2024)


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What is Orora Accounts Payable & Accrued Expense?

Orora's quarterly accounts payable & accrued expense increased from Jun. 2023 (€470 Mil) to Dec. 2023 (€638 Mil) but then declined from Dec. 2023 (€638 Mil) to Jun. 2024 (€584 Mil).

Orora's annual accounts payable & accrued expense declined from Jun. 2022 (€619 Mil) to Jun. 2023 (€470 Mil) but then increased from Jun. 2023 (€470 Mil) to Jun. 2024 (€584 Mil).


Orora Accounts Payable & Accrued Expense Historical Data

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

Orora Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 406.62 412.97 619.06 469.68 583.93

Orora 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 619.06 558.25 469.68 638.40 583.93

Orora 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.


Orora Business Description

Industry
Traded in Other Exchanges
Address
109-133 Burwood Road, Hawthorn, Melbourne, VIC, AUS, 3122
Orora Ltd was created in late 2013 when Amcor demerged its Australasian fibre and beverage packaging operations and North American packaging distribution business. Orora's Australasian business is focused on glass bottles, beverage cans, and wine closures, after agreeing to divest its fibre business in late 2019. Orora has the number-one position in beverage cans and number-two position in glass bottles and wine closures. Its primary competitors are Visy Group and Owens-Illinois. The North American business is focused on packaging distribution, but has also expanded into point-of-purchase retail display solutions.

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