Tessenderlo Group NV (STU:TEZ) Accounts Payable & Accrued Expense : €288 Mil (As of Dec. 2023)

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What is Tessenderlo Group NV Accounts Payable & Accrued Expense?

Tessenderlo Group NV's quarterly accounts payable & accrued expense increased from Dec. 2022 (€291 Mil) to Jun. 2023 (€527 Mil) but then declined from Jun. 2023 (€527 Mil) to Dec. 2023 (€288 Mil).

Tessenderlo Group NV's annual accounts payable & accrued expense increased from Dec. 2021 (€269 Mil) to Dec. 2022 (€291 Mil) but then declined from Dec. 2022 (€291 Mil) to Dec. 2023 (€288 Mil).

Tessenderlo Group NV Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tessenderlo Group NV'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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Tessenderlo Group NV Accounts Payable & Accrued Expense Chart

Tessenderlo Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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180.50

199.20

269.40

290.90

287.60

Tessenderlo Group NV 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															269.40	403.50	290.90	526.80	287.60

Tessenderlo Group NV 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.

Tessenderlo Group NV (STU:TEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Tessenderlo Group NV (STU:TEZ) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

0KCP:UK TESB:Belgium

Address

Troonstraat 130 Rue du Trone, Brussels, BEL, 1050

Website

https://www.tessenderlo.com

Tessenderlo Group NV is a diversified international agricultural and industrial company. The firm produces and sells products across four segments: Agro, Industrial Solutions, Bio-Valorization, and T-Power. The majority of its revenue comes from the Agro segment, which produces and sells liquid crop fertilizers, potassium sulfate, and crop protection products to the agriculture industry. The Industrial Solutions segment produces and sells plastic pipe systems, water treatment chemicals, and other industrial products. The Bio-Valorization segment processes animal by-products into gelatins for customers in the food, pharmaceutical, health, and nutrition industries. The company's revenue is generated in the United States.

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