HLMNY (Holmen AB) Accounts Payable & Accrued Expense : $390 Mil (As of Dec. 2024)

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What is Holmen AB Accounts Payable & Accrued Expense?

Holmen AB's quarterly accounts payable & accrued expense declined from Jun. 2024 ($380 Mil) to Sep. 2024 ($361 Mil) but then increased from Sep. 2024 ($361 Mil) to Dec. 2024 ($390 Mil).

Holmen AB's annual accounts payable & accrued expense declined from Dec. 2022 ($419 Mil) to Dec. 2023 ($370 Mil) but then increased from Dec. 2023 ($370 Mil) to Dec. 2024 ($390 Mil).

Holmen AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Holmen 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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Holmen AB Accounts Payable & Accrued Expense Chart

Holmen AB Annual Data

Trend

Dec15

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Dec17

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Dec19

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Dec21

Dec22

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Dec24

Accounts Payable & Accrued Expense

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354.18

350.40

418.77

370.36

389.90

Holmen AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															370.36	336.85	379.52	360.54	389.90

Holmen 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.

Holmen AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Holmen AB (OTCPK:HLMNY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HLMMF:USA HOLM B:Sweden HOLM A:Sweden HOLMBs:UK 0XS9:UK HL9C:Germany

Address

Strandvagen 1, P.O. Box 5407, Stockholm, SWE, SE-114 84

Website

https://www.holmen.com

Holmen AB produces and sells timber, wood products, a variety of paper products, and electricity generated through renewable energy sources. The company organizes itself into four segments based on product type: Forest, Board and Paper, Wood Products, and Renewable Energy. The company's product portfolio includes logs, biofuel, paperboard for consumer packaging, paper for books, construction timber, and renewable energy from hydro and wind power. The company's customer segment is composed of printing firms, sawmills, pulp mills, paper mills, the construction industry, and the packaging industry, among others. The vast majority of revenue comes from the company's paper and paperboard segments combined, and it earns the majority of its revenue in Europe.