Kitron ASA (OSL:KIT) Accounts Payable & Accrued Expense : kr1,728 Mil (As of Dec. 2023)

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What is Kitron ASA Accounts Payable & Accrued Expense?

Kitron ASA's quarterly accounts payable & accrued expense declined from Jun. 2023 (kr2,966 Mil) to Sep. 2023 (kr2,707 Mil) and declined from Sep. 2023 (kr2,707 Mil) to Dec. 2023 (kr1,728 Mil).

Kitron ASA's annual accounts payable & accrued expense increased from Dec. 2021 (kr997 Mil) to Dec. 2022 (kr1,597 Mil) and increased from Dec. 2022 (kr1,597 Mil) to Dec. 2023 (kr1,728 Mil).

Kitron ASA Accounts Payable & Accrued Expense Historical Data

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

Kitron ASA Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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573.98

761.56

996.80

1,597.14

1,727.94

Kitron ASA 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															1,597.14	2,864.24	2,966.38	2,706.93	1,727.94

Kitron 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.

Kitron ASA (OSL:KIT) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kitron ASA (OSL:KIT) » Definitions » Accounts Payable & Accrued Expense

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KITO:Sweden KP5:Germany

Address

Olav Brunborgs vei 4, Billingstad, NOR, 1396

Website

https://www.kitron.com

Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' own products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. The company has manufacturing facilities in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, and the United States. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets. The company operates in a single segment Electronics Manufacturing Services from which it earns the majority of its revenues.

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