NKT A/S (OCSE:NKT) Accounts Payable & Accrued Expense : kr3,422 Mil (As of Mar. 2024)

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What is NKT A/S Accounts Payable & Accrued Expense?

NKT A/S's quarterly accounts payable & accrued expense declined from Sep. 2023 (kr3,023 Mil) to Dec. 2023 (kr2,917 Mil) but then increased from Dec. 2023 (kr2,917 Mil) to Mar. 2024 (kr3,422 Mil).

NKT A/S's annual accounts payable & accrued expense increased from Dec. 2021 (kr2,620 Mil) to Dec. 2022 (kr2,683 Mil) and increased from Dec. 2022 (kr2,683 Mil) to Dec. 2023 (kr2,917 Mil).

NKT A/S Accounts Payable & Accrued Expense Historical Data

The historical data trend for NKT A/S'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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NKT A/S Accounts Payable & Accrued Expense Chart

NKT A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,152.82

2,048.14

2,619.76

2,682.69

2,916.53

NKT A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,780.14	3,168.67	3,023.28	2,916.53	3,422.44

NKT A/S 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.

NKT A/S (OCSE:NKT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NKT A/S (OCSE:NKT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

NRKBF:USA NKTc:UK 0MGC:UK NKT:Germany

Address

Vibeholms Alle 20, Broendby, DNK, 2605

Website

https://www.nkt.com

NKT A/S is a Denmark-based holding company that acquires, owns, and manages industrial companies in three business areas: Solutions, Applications, and Service and Accessories. NKT provides cables for power infrastructure, including onshore and offshore power transmission system, and its solutions bring power to interconnections, hydro-electric, and nuclear power plants, including onshore and offshore wind farms, oil and gas platforms, and solar energy. NKT Photonics, a supplier of fiber lasers and photonic crystal fibers. Geographically, the company operates and derives its majority revenue from mainland Europe, but it's also expanding its business to the U.S., China, and the U.K.

NKT A/S (OCSE:NKT) Headlines

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