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Ferronordic AB (OSTO:FNM) Accounts Payable & Accrued Expense : kr1,283 Mil (As of Mar. 2024)


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What is Ferronordic AB Accounts Payable & Accrued Expense?

Ferronordic AB's quarterly accounts payable & accrued expense increased from Sep. 2023 (kr470 Mil) to Dec. 2023 (kr992 Mil) and increased from Dec. 2023 (kr992 Mil) to Mar. 2024 (kr1,283 Mil).

Ferronordic AB's annual accounts payable & accrued expense declined from Dec. 2021 (kr1,661 Mil) to Dec. 2022 (kr543 Mil) but then increased from Dec. 2022 (kr543 Mil) to Dec. 2023 (kr992 Mil).


Ferronordic AB Accounts Payable & Accrued Expense Historical Data

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

Ferronordic AB 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 873.58 1,088.00 1,661.00 543.00 992.00

Ferronordic AB 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 392.00 509.00 470.00 992.00 1,283.00

Ferronordic 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.


Ferronordic AB (OSTO:FNM) Business Description

Industry
Traded in Other Exchanges
Address
Nybrogatan 6, Stockholm, SWE, SE114 34
Ferronordic AB is engaged in sales, rents, and services of construction equipment and other machinery. The company is authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac and Rottne and also appointed as aftermarket dealer for Volvo and Renault Trucks and dealer for Volvo Penta. The Group has two reporting segments: Germany and CIS (the Commonwealth of Independent States). The Germany segment comprises comprises of sales of new and used trucks, aftermarket sales, rental, and other services in Germany. CIS comprises of sales of new and used construction and other equipment, aftermarket sales, rental, contracting services and other services in CIS and currently only in Kazakhstan.

Ferronordic AB (OSTO:FNM) Headlines

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