Stepan Co (STU:96S) Accounts Payable & Accrued Expense : €352 Mil (As of Mar. 2024)

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What is Stepan Co Accounts Payable & Accrued Expense?

Stepan Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (€333 Mil) to Dec. 2023 (€326 Mil) but then increased from Dec. 2023 (€326 Mil) to Mar. 2024 (€352 Mil).

Stepan Co's annual accounts payable & accrued expense increased from Dec. 2021 (€407 Mil) to Dec. 2022 (€508 Mil) but then declined from Dec. 2022 (€508 Mil) to Dec. 2023 (€326 Mil).

Stepan Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Stepan Co'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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Stepan Co Accounts Payable & Accrued Expense Chart

Stepan Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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283.99

311.29

406.89

508.38

325.51

Stepan Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															378.69	367.06	332.69	325.51	352.35

Stepan Co 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.

Stepan Co (STU:96S) Business Description

Industry

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SCL:USA

Address

1101 Skokie Boulevard, Suite 500, Northbrook, IL, USA, 60062

Website

https://www.stepan.com

Stepan Co manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on product type. The surfactants segment, which generates the majority of revenue, sells cleaning agents used in detergents, shampoos, body wash, fabric softeners, toothpastes, and other personal-care products. Surfactants are chemical agents that affect the interaction between two surfaces. The polymers segment sells polyurethane used to manufacture rigid foam for thermal insulation, as well as phthalic anhydride used to make plastic components for the construction, automotive, and boating industries. The specialty products segment sells chemicals used in food and flavoring. Most of Stepan's revenue comes from the United States.

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