TORM (OCSE:TRMD A) Accounts Payable & Accrued Expense : kr373 Mil (As of Mar. 2025)

View and export this data going back to 1996. Start your Free Trial

What is TORM Accounts Payable & Accrued Expense?

TORM's quarterly accounts payable & accrued expense increased from Sep. 2024 (kr288 Mil) to Dec. 2024 (kr361 Mil) and increased from Dec. 2024 (kr361 Mil) to Mar. 2025 (kr373 Mil).

TORM's annual accounts payable & accrued expense declined from Dec. 2022 (kr355 Mil) to Dec. 2023 (kr299 Mil) but then increased from Dec. 2023 (kr299 Mil) to Dec. 2024 (kr361 Mil).

TORM Accounts Payable & Accrued Expense Historical Data

The historical data trend for TORM'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.

* Premium members only.

TORM Accounts Payable & Accrued Expense Chart

TORM Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

305.57

430.80

354.66

298.68

361.09

TORM 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															293.60	339.05	288.20	361.09	372.56

TORM 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.

TORM Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TORM PLC (OCSE:TRMD A) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TRMD:USA TRMDAc:UK 0RG4:UK 1T4:Germany

Address

120 Cannon Street, 4th Floor, London, GBR, EC4N 6AS

Website

https://www.torm.com

TORM PLC operates as a shipping company. The company owns and operates product tankers. It is engaged in the transportation of refined oil products The company transports clean petroleum products including gasoline, jet fuel, naphtha, and diesel oil, as well as other clean products. Its segments include the Tanker segment, and Marine Engineering segment. The company derives maximum revenue from Tanker segment.

TORM Headlines

No Headlines