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LNXSY (Lanxess AG) Accounts Payable & Accrued Expense : $745 Mil (As of Jun. 2024)


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What is Lanxess AG Accounts Payable & Accrued Expense?

Lanxess AG's quarterly accounts payable & accrued expense declined from Dec. 2023 ($727 Mil) to Mar. 2024 ($714 Mil) but then increased from Mar. 2024 ($714 Mil) to Jun. 2024 ($745 Mil).

Lanxess AG's annual accounts payable & accrued expense declined from Dec. 2021 ($1,236 Mil) to Dec. 2022 ($844 Mil) and declined from Dec. 2022 ($844 Mil) to Dec. 2023 ($727 Mil).

Lanxess AG Accounts Payable & Accrued Expense Historical Data

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

Lanxess AG 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 780.00 908.76 1,236.16 844.28 727.37

Lanxess AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 697.73 677.70 727.37 714.13 744.89

Lanxess 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.

Lanxess AG Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lanxess AG (OTCPK:LNXSY) » Definitions » Accounts Payable & Accrued Expense
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XTER:VBK XTER:UZU XTER:NTG XTER:MZX XTER:WCH XTER:BNN FRA:3330 XTER:EVK XTER:BNR XTER:1COV LIN XPAR:AI SHW ECL APD ISX:TPIA XSWX:SIKA XSWX:GIVN BOM:500820 XAMS:DSFIR
Traded in Other Exchanges
LNXSF:USA 1LXS:Italy LXSd:UK 0H7I:UK LXS:Germany LXS:Austria
Address
Kennedyplatz 1, Cologne, DEU, 50569
Website
https://www.lanxess.com
Lanxess is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.

Lanxess AG Headlines

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