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Karnell Group AB (OSTO:KARNEL B) Accounts Payable & Accrued Expense : kr95.6 Mil (As of Mar. 2024)


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What is Karnell Group AB Accounts Payable & Accrued Expense?

Karnell Group AB's quarterly accounts payable & accrued expense increased from Mar. 2023 (kr0.0 Mil) to Dec. 2023 (kr84.0 Mil) and increased from Dec. 2023 (kr84.0 Mil) to Mar. 2024 (kr95.6 Mil).

Karnell Group AB's annual accounts payable & accrued expense increased from Dec. 2021 (kr45.5 Mil) to Dec. 2022 (kr69.5 Mil) and increased from Dec. 2022 (kr69.5 Mil) to Dec. 2023 (kr84.0 Mil).

Karnell Group AB Accounts Payable & Accrued Expense Historical Data

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

Karnell Group AB Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
45.46 69.52 84.01

Karnell Group AB Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Accounts Payable & Accrued Expense 45.46 69.52 - 84.01 95.60

Karnell Group 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.

Karnell Group AB (OSTO:KARNEL B) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Karnell Group AB (OSTO:KARNEL B) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
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Address
Riddargatan 13D, Stockholm, SWE, 114 51
Website
https://www.karnell.se
Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use a systematic and proactive acquisition strategy to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that includes Product companies and Niched manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.

Karnell Group AB (OSTO:KARNEL B) Headlines

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