LNXSY (Lanxess AG) Accounts Payable & Accrued Expense : $764 Mil (As of Dec. 2024)

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What is Lanxess AG Accounts Payable & Accrued Expense?

Lanxess AG's quarterly accounts payable & accrued expense declined from Jun. 2024 ($745 Mil) to Sep. 2024 ($671 Mil) but then increased from Sep. 2024 ($671 Mil) to Dec. 2024 ($764 Mil).

Lanxess AG's annual accounts payable & accrued expense declined from Dec. 2022 ($844 Mil) to Dec. 2023 ($727 Mil) but then increased from Dec. 2023 ($727 Mil) to Dec. 2024 ($764 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

Dec15

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Dec19

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Dec21

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Dec24

Accounts Payable & Accrued Expense

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908.76

1,236.16

844.28

727.37

764.40

Lanxess AG 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															727.37	714.13	744.89	671.48	764.40

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

Industry

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Traded in Other Exchanges

LNXSF:USA 1LXS:Italy LXSd:UK 0H7I:UK LXS:Germany LXS:Austria

Address

Kennedyplatz 1, Cologne, DEU, 50569

Website

https://lanxess.com

Lanxess AG is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio by divesting its synthetic rubber business. It has business segments namely: specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and others. Geographically, it operates in EMEA (excluding Germany), Germany, Americas, and Asia-Pacific.