Volvo Car AB (OSTO:VOLCAR B) Accounts Payable & Accrued Expense : kr63,199 Mil (As of Mar. 2024)

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What is Volvo Car AB Accounts Payable & Accrued Expense?

Volvo Car AB's quarterly accounts payable & accrued expense increased from Sep. 2023 (kr63,775 Mil) to Dec. 2023 (kr69,122 Mil) but then declined from Dec. 2023 (kr69,122 Mil) to Mar. 2024 (kr63,199 Mil).

Volvo Car AB's annual accounts payable & accrued expense increased from Dec. 2021 (kr52,701 Mil) to Dec. 2022 (kr73,906 Mil) but then declined from Dec. 2022 (kr73,906 Mil) to Dec. 2023 (kr69,122 Mil).

Volvo Car AB Accounts Payable & Accrued Expense Historical Data

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

Volvo Car AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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46,178.00

53,112.00

52,701.00

73,906.00

69,122.00

Volvo Car AB Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												61,049.00	65,132.00	63,775.00	69,122.00	63,199.00

Volvo Car 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.

Volvo Car AB (OSTO:VOLCAR B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volvo Car AB (OSTO:VOLCAR B) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

VLVCY:USA VLVOF:USA VOLCBs:UK 8JO:Germany

Address

VAK Building, Gunnar Engellaus Vag, Gothenburg, SWE, 405 31

Website

https://www.volvocars.com

Volvo Car AB manufactures, designs, and supplies automobiles. The company offers a wide range of cars. Geographically, it derives a majority of its revenue from China and also has a presence in the US; Sweden; Germany; United Kingdom; Japan, and South Korea. It generates maximum revenue from the sale of new cars.

Volvo Car AB (OSTO:VOLCAR B) Headlines

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