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Norbit ASA (OSTO:NORBITO) Accounts Payable & Accrued Expense : kr321 Mil (As of Mar. 2025)


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What is Norbit ASA Accounts Payable & Accrued Expense?

Norbit ASA's quarterly accounts payable & accrued expense increased from Sep. 2024 (kr218 Mil) to Dec. 2024 (kr366 Mil) but then declined from Dec. 2024 (kr366 Mil) to Mar. 2025 (kr321 Mil).

Norbit ASA's annual accounts payable & accrued expense increased from Dec. 2022 (kr208 Mil) to Dec. 2023 (kr338 Mil) and increased from Dec. 2023 (kr338 Mil) to Dec. 2024 (kr366 Mil).

Norbit ASA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Norbit 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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Norbit ASA Accounts Payable & Accrued Expense Chart

Norbit ASA 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 84.70 141.50 207.80 337.60 365.80

Norbit ASA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 181.30 202.70 218.40 365.80 321.10

Norbit 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.

Norbit ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Norbit ASA (OSTO:NORBITo) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
NORBT:Norway NORBTo:UK 4NK:Germany
Address
Stiklestadveien 1, Trondheim, NOR, NO-7041
Website
https://www.norbit.com
Norbit ASA is l provider of tailored technology to selected applications by solving challenges through solutions. It operates in three segments namely, the Oceans segment which delivers tailored technology and solutions to the maritime markets, Connectivity (ITS) segment which offers tailored connectivity solutions based on short-range communication technology to intelligent traffic systems and truck applications, and The Product, Innovation & Realization (PIR) segment offers R&D services and contract manufacturing services to key customers. It has manufacturing facilities in Selbu and Roros. It derives maximum revenue from Oceans Segment.

Norbit ASA Headlines

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