Sulzer AG (FRA:SUL1) Accounts Payable & Accrued Expense : €764 Mil (As of Dec. 2023)

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What is Sulzer AG Accounts Payable & Accrued Expense?

Sulzer AG's quarterly accounts payable & accrued expense increased from Dec. 2022 (€753 Mil) to Jun. 2023 (€778 Mil) but then declined from Jun. 2023 (€778 Mil) to Dec. 2023 (€764 Mil).

Sulzer AG's annual accounts payable & accrued expense increased from Dec. 2021 (€680 Mil) to Dec. 2022 (€753 Mil) and increased from Dec. 2022 (€753 Mil) to Dec. 2023 (€764 Mil).

Sulzer AG Accounts Payable & Accrued Expense Historical Data

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

Sulzer AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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640.42

645.55

679.75

752.89

763.88

Sulzer AG 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															679.75	730.12	752.89	777.85	763.88

Sulzer AG 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.

Sulzer AG (FRA:SUL1) Business Description

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SUNz:UK 0QQ9:UK SUN:Switzerland

Address

Neuwiesenstrasse 15, Winterthur, CHE, 8401

Website

https://www.sulzer.com

Sulzer AG specializes in pumping solutions, rotating equipment maintenance, and mixing technology. It serves customers operating in the oil and gas, power, and water markets. Pumping solutions focus on transporting and processing oil and derivatives, treating water, and renewable power generation. In addition, the company offers solutions for turbines, compressors, motors, and other rotating components and has technicians to provide maintenance. Sulzer's business segments include Flow Equipment, Services, Chemtech, and Others which primarily serve across the globe. While most of its revenues are generated from its Flow equipment and Services segment.

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