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Elkem ASA (LTS:0SFN) Accounts Payable & Accrued Expense : kr4,902 Mil (As of Sep. 2024)


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What is Elkem ASA Accounts Payable & Accrued Expense?

Elkem ASA's quarterly accounts payable & accrued expense declined from Mar. 2024 (kr5,580 Mil) to Jun. 2024 (kr5,062 Mil) and declined from Jun. 2024 (kr5,062 Mil) to Sep. 2024 (kr4,902 Mil).

Elkem ASA's annual accounts payable & accrued expense increased from Dec. 2021 (kr5,916 Mil) to Dec. 2022 (kr7,565 Mil) but then declined from Dec. 2022 (kr7,565 Mil) to Dec. 2023 (kr5,933 Mil).

Elkem ASA Accounts Payable & Accrued Expense Historical Data

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

Elkem 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 3,060.00 3,492.00 5,916.00 7,565.00 5,933.00

Elkem ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6,498.00 5,933.00 5,580.00 5,062.00 4,902.00

Elkem 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.

Elkem ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Elkem ASA (LTS:0SFN) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
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Address
Drammensveien 169, Oslo, NOR, 0277
Website
https://www.elkem.com
Elkem ASA offers advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products, and carbon solutions by combining natural raw materials, renewable energy, and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health, and personal care as well as smarter and more sustainable cities. Elkem has three reportable segments namely Silicones, Silicon Products, and Carbon Solutions. It generates most of the revenue from the Silicones segment.

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