Elkem ASA (OSTO:ELKO) Accounts Payable & Accrued Expense : kr5,580 Mil (As of Mar. 2024)

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What is Elkem ASA Accounts Payable & Accrued Expense?

Elkem ASA's quarterly accounts payable & accrued expense declined from Sep. 2023 (kr6,498 Mil) to Dec. 2023 (kr5,933 Mil) and declined from Dec. 2023 (kr5,933 Mil) to Mar. 2024 (kr5,580 Mil).

Elkem ASA's annual accounts payable & accrued expense increased from Dec. 2021 (kr5,916 Mil) to Dec. 2022 (kr7,565 Mil) but then declined from Dec. 2022 (kr7,565 Mil) to Dec. 2023 (kr5,933 Mil).

Elkem ASA Accounts Payable & Accrued Expense Historical Data

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

Elkem ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,060.00

3,492.00

5,916.00

7,565.00

5,933.00

Elkem ASA 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															7,073.00	6,689.00	6,498.00	5,933.00	5,580.00

Elkem 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.

Elkem ASA (OSTO:ELKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Elkem ASA (OSTO:ELKo) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ELKEF:USA ELK:Norway 0SFN:UK 1DP:Germany

Address

Drammensveien 169, Oslo, NOR, 0277

Website

https://www.elkem.com

Elkem ASA offers advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products, and carbon solutions by combining natural raw materials, renewable energy, and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health, and personal care as well as smarter and more sustainable cities. Elkem has three reportable segments namely Silicones, Silicon Products, and Carbon Solutions. It generates most of the revenue from the Silicones segment.

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