Smurfit Kappa Group (Smurfit Kappa Group) Accounts Payable & Accrued Expense : $1,770 Mil (As of Dec. 2023)

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What is Smurfit Kappa Group Accounts Payable & Accrued Expense?

Smurfit Kappa Group's quarterly accounts payable & accrued expense increased from Dec. 2022 ($2,013 Mil) to Jun. 2023 ($2,557 Mil) but then declined from Jun. 2023 ($2,557 Mil) to Dec. 2023 ($1,770 Mil).

Smurfit Kappa Group's annual accounts payable & accrued expense declined from Dec. 2021 ($2,089 Mil) to Dec. 2022 ($2,013 Mil) and declined from Dec. 2022 ($2,013 Mil) to Dec. 2023 ($1,770 Mil).

Smurfit Kappa Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Smurfit Kappa Group'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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Smurfit Kappa Group Accounts Payable & Accrued Expense Chart

Smurfit Kappa Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,494.44

1,558.39

2,089.27

2,012.71

1,769.90

Smurfit Kappa Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,089.27	3,021.14	2,012.71	2,556.88	1,769.90

Smurfit Kappa Group 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.

Smurfit Kappa Group (Smurfit Kappa Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Smurfit Kappa Group PLC (OTCPK:SMFKY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SMFTF:USA SK3:Ireland SKGl:UK SKG:UK SK3:Germany

Address

Beech Hill, Clonskeagh, Dublin 4, IRL, D04 N2R2

Website

https://www.smurfitkappa.com

Smurfit Kappa Group PLC manufactures and sells paper-based packaging products. The company owns mills that produce containerboard, which is then shipped to the company's plants, where it is converted into corrugated packaging products. The packaging products include solid board, sack kraft paper, and folding cartons. The firm organizes itself into two segments based on geography: Europe and the Americas. The Europe segment generates the majority of the revenue. The Americas segment owns forestland in Latin America, where Smurfit Kappa harvests timber for its mills.

Smurfit Kappa Group (Smurfit Kappa Group) Headlines

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