HXGCF (Hexagon Composites ASA) Accounts Payable & Accrued Expense : $33.0 Mil (As of Mar. 2025)

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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. 2024 ($48.6 Mil) to Dec. 2024 ($37.5 Mil) and declined from Dec. 2024 ($37.5 Mil) to Mar. 2025 ($33.0 Mil).

Hexagon Composites ASA's annual accounts payable & accrued expense declined from Dec. 2022 ($66.0 Mil) to Dec. 2023 ($45.3 Mil) and declined from Dec. 2023 ($45.3 Mil) to Dec. 2024 ($37.5 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

Dec15

Dec16

Dec17

Dec18

Dec19

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Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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60.18

53.49

66.05

45.26

37.52

Hexagon Composites ASA Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															50.49	41.35	48.56	37.52	33.05

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 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Hexagon Composites ASA (OTCPK:HXGCF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HEXO:Sweden HEX:Norway 0EOF:UK 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, Southeast Asia, the Middle East, and Norway geographic regions.