Drillcon AB (OSTO:DRIL) Accounts Payable & Accrued Expense : kr37.6 Mil (As of Mar. 2024)

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What is Drillcon AB Accounts Payable & Accrued Expense?

Drillcon AB's quarterly accounts payable & accrued expense declined from Jun. 2023 (kr39.5 Mil) to Sep. 2023 (kr35.1 Mil) but then increased from Sep. 2023 (kr35.1 Mil) to Mar. 2024 (kr37.6 Mil).

Drillcon AB's annual accounts payable & accrued expense increased from Dec. 2020 (kr23.6 Mil) to Dec. 2021 (kr42.7 Mil) but then declined from Dec. 2021 (kr42.7 Mil) to Dec. 2022 (kr30.8 Mil).

Drillcon AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Drillcon AB'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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Drillcon AB Accounts Payable & Accrued Expense Chart

Drillcon AB Annual Data

Trend

Dec13

Dec14

Dec15

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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42.05

38.68

23.56

42.67

30.80

Drillcon AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															30.80	36.24	39.46	35.10	37.57

Drillcon AB 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.

Drillcon AB (OSTO:DRIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Drillcon AB (OSTO:DRIL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrivagen 2, Nora, SWE, 713 30

Website

http://www.drillcon.se

Drillcon AB is a service provider of Mining and Construction drilling solutions. The company's segment includes diamond core drilling services such as Percussion drillings, Core drillings and Technical surveys and services; Raiseboring operations such as ventilation, ore and/or waste passes, production slot of raises and / or narrow vein mining and Geoservices segment providing Instruments for borehole deviation surveys, seismic surveys, digital optical borehole imaging and Rock Mechanical In-situ stress measurements.

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