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MEKO AB (OSTO:MEKO) Accounts Payable & Accrued Expense : kr3,066 Mil (As of Dec. 2024)


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What is MEKO AB Accounts Payable & Accrued Expense?

MEKO AB's quarterly accounts payable & accrued expense stayed the same from Jun. 2024 (kr0 Mil) to Sep. 2024 (kr0 Mil) but then increased from Sep. 2024 (kr0 Mil) to Dec. 2024 (kr3,066 Mil).

MEKO AB's annual accounts payable & accrued expense increased from Dec. 2022 (kr2,293 Mil) to Dec. 2023 (kr2,527 Mil) and increased from Dec. 2023 (kr2,527 Mil) to Dec. 2024 (kr3,066 Mil).

MEKO AB Accounts Payable & Accrued Expense Historical Data

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

MEKO AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,430.00 1,800.00 2,293.00 2,527.00 3,066.00

MEKO AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2,527.00 - - - 3,066.00

MEKO 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.

MEKO AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MEKO AB (OSTO:MEKO) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
MEKOs:UK 0HDJ:UK
Address
Klarabergsviadukten 70, Elevator C, Floor 6, Box 19542, Stockholm, SWE, 11164
Website
https://www.meko.com
MEKO AB functions in the car aftermarket, operating car service chains, and wholesale operations. It offers spare parts and accessories to affiliated workshops, other workshops, other business-to-business customers, and car owners. The company conducts business through segments: Denmark, Finland, Poland/the Baltics, Sweden/Norway, and Sorensen og Balchen (Norway). It generates maximum revenue from Sweden/Norway. Affiliated workshops operate under the company's brands: BilXtra, MECA Car Service, Mekonomen Bilverstad, MekoPartner, and Speedy, among others.

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