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Hexagon Composites ASA (Hexagon Composites ASA) Accounts Payable & Accrued Expense : $50.5 Mil (As of Mar. 2024)


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What is Hexagon Composites ASA Accounts Payable & Accrued Expense?

Hexagon Composites ASA's quarterly accounts payable & accrued expense declined from Sep. 2023 ($52.5 Mil) to Dec. 2023 ($45.3 Mil) but then increased from Dec. 2023 ($45.3 Mil) to Mar. 2024 ($50.5 Mil).

Hexagon Composites ASA's annual accounts payable & accrued expense increased from Dec. 2021 ($53.5 Mil) to Dec. 2022 ($66.0 Mil) but then declined from Dec. 2022 ($66.0 Mil) to Dec. 2023 ($45.3 Mil).

Hexagon Composites ASA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hexagon Composites 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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Hexagon Composites ASA Accounts Payable & Accrued Expense Chart

Hexagon Composites ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.60 60.18 53.49 66.05 45.26

Hexagon Composites ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 55.61 51.70 52.48 45.26 50.49

Hexagon Composites 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.

Hexagon Composites ASA (Hexagon Composites ASA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Hexagon Composites ASA (OTCPK:HXGCF) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
HEXO:Sweden HEX:Norway 0EOF:UK 2HX:Germany 2HX:Germany 2HX:Germany
Address
Korsegata 4B, P.O. Box 836, Sentrum, Aalesund, NOR, 6002
Website
https://www.hexagongroup.com
Hexagon Composites ASA is a supplier of clean energy technology for gas storage, distribution, fuel systems, and drivetrains. Its operating segments are Hexagon Agility & CNG LDV, Hexagon Purus, Hexagon Digital Wave, and Hexagon Ragasco LPG. Hexagon Agility & CNG LDV segment offers natural gas fuel systems and delivery solutions for the mobility market. Hexagon Purus is a provider of technology needed for zero-emission mobility. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology. Hexagon Ragasco LPG segment is a manufacturer of composite LPG cylinders. It operates through Europe, North America, South-East Asia, the Middle East, and Norway geographic regions.