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Volvo AB (OSTO:VOLV B) Accounts Payable & Accrued Expense : kr76,918 Mil (As of Mar. 2025)


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What is Volvo AB Accounts Payable & Accrued Expense?

Volvo AB's quarterly accounts payable & accrued expense increased from Sep. 2024 (kr79,349 Mil) to Dec. 2024 (kr87,113 Mil) but then declined from Dec. 2024 (kr87,113 Mil) to Mar. 2025 (kr76,918 Mil).

Volvo AB's annual accounts payable & accrued expense declined from Dec. 2022 (kr102,801 Mil) to Dec. 2023 (kr94,241 Mil) and declined from Dec. 2023 (kr94,241 Mil) to Dec. 2024 (kr87,113 Mil).


Volvo AB Accounts Payable & Accrued Expense Historical Data

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

Volvo 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 68,505.00 85,479.00 102,801.00 94,241.00 87,113.00

Volvo AB 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 91,593.00 90,876.00 79,349.00 87,113.00 76,918.00

Volvo 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 AB Business Description

Address
Gropegardsgatan 2, Gothenburg, SWE, SE-417 15
Volvo AB drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing, and services that increase the customers' uptime and productivity. Its segments are Trucks, Construction Equipment, Buses, Volvo Penta, Financial Services, and Group Functions & Other. A majority of its revenue is generated from the Trucks segment, which is engaged in the manufacturing and selling of trucks under several brands, including Volvo, Renault, and others. This segment also comprises the activities of Volvo Autonomous Solutions, Volvo Energy, VE Commercial Vehicles, Dongfeng Commercial Vehicles, Cellcentric, Milence, Flexis, and Cespira. Geographically, it derives maximum revenue from the USA.

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