Gram Car Carriers ASA (OSTO:GCCO) Accounts Payable & Accrued Expense : kr142 Mil (As of Mar. 2024)

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What is Gram Car Carriers ASA Accounts Payable & Accrued Expense?

Gram Car Carriers ASA's quarterly accounts payable & accrued expense declined from Sep. 2023 (kr107 Mil) to Dec. 2023 (kr73 Mil) but then increased from Dec. 2023 (kr73 Mil) to Mar. 2024 (kr142 Mil).

Gram Car Carriers ASA's annual accounts payable & accrued expense declined from Dec. 2021 (kr95 Mil) to Dec. 2022 (kr45 Mil) but then increased from Dec. 2022 (kr45 Mil) to Dec. 2023 (kr73 Mil).

Gram Car Carriers ASA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gram Car Carriers 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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Gram Car Carriers ASA Accounts Payable & Accrued Expense Chart

Gram Car Carriers ASA Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

95.16

45.38

72.90

Gram Car Carriers ASA Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								113.69	104.79	106.75	72.90	141.88

Gram Car Carriers 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.

Gram Car Carriers ASA (OSTO:GCCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gram Car Carriers ASA (OSTO:GCCo) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GCC:Norway G39:Germany

Address

Bryggegata 9 (Aker Brygge), Oslo, NOR, 0250

Website

https://www.gramcar.com

Gram Car Carriers ASA is a tonnage provider with a fleet of distribution vessels, mid-size vessels, and Panamax vessels. Geographically company has a presence in Europe, Asia, and others. The majority of the revenue is derived from Asia.

Gram Car Carriers ASA (OSTO:GCCO) Headlines

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