Fortum Oyj (OHEL:FORTUM) Accounts Payable & Accrued Expense : €1,181 Mil (As of Dec. 2023)

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What is Fortum Oyj Accounts Payable & Accrued Expense?

Fortum Oyj's quarterly accounts payable & accrued expense increased from Jun. 2023 (€1,193 Mil) to Sep. 2023 (€1,250 Mil) but then declined from Sep. 2023 (€1,250 Mil) to Dec. 2023 (€1,181 Mil).

Fortum Oyj's annual accounts payable & accrued expense declined from Dec. 2021 (€15,322 Mil) to Dec. 2022 (€1,657 Mil) and declined from Dec. 2022 (€1,657 Mil) to Dec. 2023 (€1,181 Mil).

Fortum Oyj Accounts Payable & Accrued Expense Historical Data

The historical data trend for Fortum Oyj'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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Fortum Oyj Accounts Payable & Accrued Expense Chart

Fortum Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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682.00

8,535.00

15,322.00

1,657.00

1,181.00

Fortum Oyj Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,657.00	1,030.00	1,193.00	1,250.00	1,181.00

Fortum Oyj 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.

Fortum Oyj (OHEL:FORTUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Fortum Oyj (OHEL:FORTUM) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

FOJCY:USA FOJCF:USA FORTUM:Mexico 1FORT:Italy FORTMh:UK 0HAH:UK FOT0:Germany

Address

Keilalahdentie 2-4, CD Building, P.O. Box 100, Espoo, FIN, FI-00048

Website

https://www.fortum.com

Fortum Oyj is a Finnish energy company that operates power plants, which use renewable energy sources (hydro, nuclear, and solar power) to sell electricity, heat, cooling, and power products and services. The company mainly operates in Nordic and Baltic countries, Russia, Poland, and India. Its main divisions of the company are generation (large-scale power production), city solutions (sustainable energy solutions), Russia (all Russian operations), technology and new ventures (research and development and in-house incubator for startups), mergers and acquisitions, and solar and wind development. The company's operating segments are Generation, City Solutions, Consumer Solutions, Russia, and Other.

Fortum Oyj (OHEL:FORTUM) Headlines

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