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NHYKF (Norsk Hydro ASA) Accounts Payable & Accrued Expense : $2,523 Mil (As of Mar. 2025)


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What is Norsk Hydro ASA Accounts Payable & Accrued Expense?

Norsk Hydro ASA's quarterly accounts payable & accrued expense declined from Sep. 2024 ($2,460 Mil) to Dec. 2024 ($2,103 Mil) but then increased from Dec. 2024 ($2,103 Mil) to Mar. 2025 ($2,523 Mil).

Norsk Hydro ASA's annual accounts payable & accrued expense increased from Dec. 2022 ($2,499 Mil) to Dec. 2023 ($2,849 Mil) but then declined from Dec. 2023 ($2,849 Mil) to Dec. 2024 ($2,103 Mil).


Norsk Hydro ASA Accounts Payable & Accrued Expense Historical Data

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

Norsk Hydro ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,824.95 2,404.61 2,499.06 2,848.88 2,102.87

Norsk Hydro 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 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 - 2,480.92 2,459.85 2,102.87 2,522.90

Norsk Hydro 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.


Norsk Hydro ASA Business Description

Industry
Address
Drammensveien 264, Oslo, NOR, NO-0283
Norsk Hydro ASA is an aluminium and renewable energy company committed to a sustainable future. It's engaged in energy to bauxite mining and alumina refining, primary aluminium, aluminium extrusions, and aluminium recycling. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Extrusions, Hydro Energy, and Hydro Metal Markets activities. Hydro Extrusions delivers products within extrusion profiles, building systems, and precision tubing, and is operating several recycling facilities, both integrated with its extrusion plants and separate plants. It is delivered to sectors such as construction, automotive and heating, ventilation and air conditioning. Key revenue comes from the Hydro Extrusions segment.