Kongsberg Automotive Holdings ASA (OSTO:KOAO) Accounts Payable & Accrued Expense : kr2,259 Mil (As of Mar. 2024)

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What is Kongsberg Automotive Holdings ASA Accounts Payable & Accrued Expense?

Kongsberg Automotive Holdings ASA's quarterly accounts payable & accrued expense declined from Sep. 2023 (kr2,341 Mil) to Dec. 2023 (kr1,443 Mil) but then increased from Dec. 2023 (kr1,443 Mil) to Mar. 2024 (kr2,259 Mil).

Kongsberg Automotive Holdings ASA's annual accounts payable & accrued expense declined from Dec. 2021 (kr1,563 Mil) to Dec. 2022 (kr1,406 Mil) but then increased from Dec. 2022 (kr1,406 Mil) to Dec. 2023 (kr1,443 Mil).

Kongsberg Automotive Holdings ASA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kongsberg Automotive Holdings 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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Kongsberg Automotive Holdings ASA Accounts Payable & Accrued Expense Chart

Kongsberg Automotive Holdings ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,378.67

1,479.78

1,562.81

1,405.61

1,442.63

Kongsberg Automotive Holdings 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															2,356.80	2,631.84	2,340.66	1,442.63	2,258.53

Kongsberg Automotive Holdings 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.

Kongsberg Automotive Holdings ASA (OSTO:KOAO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kongsberg Automotive Holdings ASA (OSTO:KOAo) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

KGAUF:USA KOA:Norway KOAo:UK K3A:Germany

Address

Europaallee 39, Zurich, CHE, 8004

Website

https://www.kongsbergautomotive.com

Kongsberg Automotive Holdings ASA is a Norway-based company that develops, manufactures and sells products to the automotive industry. The company has organized its businesses into two segments, namely Powertrain and Chassis Products and Specialty Products. The Powertrain and Chassis Products business segment is comprised of the Driveline and On-Highway business units, while the business units under the Specialty Products business segment are Couplings, Fluid Transfer Systems (FTS), and Off-Highway.

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