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Axactor ASA (OSL:ACR) Accounts Payable & Accrued Expense : kr60 Mil (As of Sep. 2024)


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What is Axactor ASA Accounts Payable & Accrued Expense?

Axactor ASA's quarterly accounts payable & accrued expense increased from Mar. 2024 (kr109 Mil) to Jun. 2024 (kr115 Mil) but then declined from Jun. 2024 (kr115 Mil) to Sep. 2024 (kr60 Mil).

Axactor ASA's annual accounts payable & accrued expense declined from Dec. 2021 (kr331 Mil) to Dec. 2022 (kr322 Mil) and declined from Dec. 2022 (kr322 Mil) to Dec. 2023 (kr208 Mil).

Axactor ASA Accounts Payable & Accrued Expense Historical Data

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

Axactor ASA 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 125.05 204.71 331.14 322.14 207.86

Axactor ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 315.23 207.86 109.18 114.64 60.43

Axactor 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.

Axactor ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Axactor ASA (OSL:ACR) » Definitions » Accounts Payable & Accrued Expense
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OSL:B2I V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN SYF BOM:543257 BOM:532810 TSE:8593 BOM:543066 TPE:5871 NSE:SHRIRAMFIN BOM:532955 ALLY
Traded in Other Exchanges
AXAo:Sweden 0QIG:UK 2LJ:Germany
Address
Drammensveien 167, Oslo, NOR, NO-0277
Website
https://www.axactor.com
Axactor ASA is a debt management company that specializes in purchasing and collecting debt portfolios. It also provides collection services for third-party-owned portfolios. The company operates in two segments: Non-performing loans (NPL) and Third-party collection (3PC). The NPL segment invests in portfolios of non-performing loans, which are presented as 'Purchased loan portfolios' in the consolidated statement of financial position. The 3PC segment focuses on performing debt collection services on behalf of third-party clients. Axactor ASA operates in Finland, Germany, Italy, Norway, Spain, and Sweden. The majority of its revenue comes from interest earned on purchased loan portfolios.