Trinseo (STU:TR5) Accounts Payable & Accrued Expense : €640 Mil (As of Mar. 2024)

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What is Trinseo Accounts Payable & Accrued Expense?

Trinseo's quarterly accounts payable & accrued expense declined from Sep. 2023 (€614 Mil) to Dec. 2023 (€583 Mil) but then increased from Dec. 2023 (€583 Mil) to Mar. 2024 (€640 Mil).

Trinseo's annual accounts payable & accrued expense declined from Dec. 2021 (€777 Mil) to Dec. 2022 (€620 Mil) and declined from Dec. 2022 (€620 Mil) to Dec. 2023 (€583 Mil).

Trinseo Accounts Payable & Accrued Expense Historical Data

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

Trinseo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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452.16

415.27

776.59

619.55

582.66

Trinseo 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															639.32	609.46	613.92	582.66	639.77

Trinseo 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.

Trinseo (STU:TR5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Trinseo PLC (STU:TR5) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

TSE:USA

Address

440 East Swedesford Road, Suite 301, Wayne, PA, USA, 19312

Website

https://www.trinseo.com

Trinseo PLC is a leading global materials company and manufacturer of latex and plastics products. The company's operating segments include latex binders, feedstocks, polystyrene, Americas styrenics, engineered materials, and base plastics. The company is a global leader in styrene-butadiene latex and holds a strong market position in Europe and North America. Base plastics is the business line with the highest net sales and contains compounds and blends for automotive and other applications. Europe accounts for the highest net sales by geography and building and construction/sheet accounts for the highest net sales by end market.

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