Momentum Group AB (OSTO:MMGR B) Accounts Payable & Accrued Expense : kr268 Mil (As of Mar. 2024)

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What is Momentum Group AB Accounts Payable & Accrued Expense?

Momentum Group AB's quarterly accounts payable & accrued expense increased from Sep. 2023 (kr215 Mil) to Dec. 2023 (kr290 Mil) but then declined from Dec. 2023 (kr290 Mil) to Mar. 2024 (kr268 Mil).

Momentum Group AB's annual accounts payable & accrued expense increased from Dec. 2021 (kr210 Mil) to Dec. 2022 (kr227 Mil) and increased from Dec. 2022 (kr227 Mil) to Dec. 2023 (kr290 Mil).

Momentum Group AB Accounts Payable & Accrued Expense Historical Data

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

Momentum Group AB Annual Data

Trend

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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263.00

163.00

210.00

227.00

290.00

Momentum Group AB Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											197.00	227.00	215.00	290.00	268.00

Momentum 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.

Momentum Group AB (OSTO:MMGR B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Momentum Group AB (OSTO:MMGR B) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

X64:Germany

Address

Ostermalmsgatan 87 E, Stockholm, SWE, SE-114 59

Website

https://www.momentum.group

Momentum Group AB operates, develops and acquires successful sustainable companies in the Nordic region through active ownership with decentralized profit and business responsibility. The group consists of a number of companies that together constitute one of the Nordic region's leading suppliers of industrial components, industrial services and other related services in the industrial sector.

Momentum Group AB (OSTO:MMGR B) Headlines

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