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Eimskipafelag Islands ehf (OISE:EIM) Accounts Payable & Accrued Expense : kr17,317 Mil (As of Mar. 2024)


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What is Eimskipafelag Islands ehf Accounts Payable & Accrued Expense?

Eimskipafelag Islands ehf's quarterly accounts payable & accrued expense declined from Sep. 2023 (kr15,571 Mil) to Dec. 2023 (kr12,999 Mil) but then increased from Dec. 2023 (kr12,999 Mil) to Mar. 2024 (kr17,317 Mil).

Eimskipafelag Islands ehf's annual accounts payable & accrued expense increased from Dec. 2021 (kr15,366 Mil) to Dec. 2022 (kr16,056 Mil) but then declined from Dec. 2022 (kr16,056 Mil) to Dec. 2023 (kr12,999 Mil).

Eimskipafelag Islands ehf Accounts Payable & Accrued Expense Historical Data

The historical data trend for Eimskipafelag Islands ehf'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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Eimskipafelag Islands ehf Accounts Payable & Accrued Expense Chart

Eimskipafelag Islands ehf 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 12,425.98 11,995.41 15,366.37 16,056.34 12,999.22

Eimskipafelag Islands ehf 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 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 21,563.11 15,557.27 15,570.95 12,999.22 17,317.00

Eimskipafelag Islands ehf 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.

Eimskipafelag Islands ehf (OISE:EIM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Eimskipafelag Islands ehf (OISE:EIM) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
Sundabakki 2, Reykjavík, ISL, 104
Website
https://www.eimskip.com
Eimskipafelag Islands ehf Formerly Eimpskipafelag Islands provides shipping, logistics, supply chain services. The company's operations are divided into two market segments namely Liner services and Forwarding services. The liner services segment includes operations such as port operations, cold storage facilities, warehousing, trucking and distribution, air freight and agency services in Iceland and Norway. The forwarding services segment includes reefer forwarding, a system based on a network of own offices, association with deep-sea lines and associates. The company earns the majority of its revenues from Iceland, the Faroe Islands, and Asia.