Salzgitter AG (Salzgitter AG) Accounts Payable & Accrued Expense : $1,423 Mil (As of Mar. 2024)

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What is Salzgitter AG Accounts Payable & Accrued Expense?

Salzgitter AG's quarterly accounts payable & accrued expense declined from Sep. 2023 ($1,501 Mil) to Dec. 2023 ($1,452 Mil) and declined from Dec. 2023 ($1,452 Mil) to Mar. 2024 ($1,423 Mil).

Salzgitter AG's annual accounts payable & accrued expense declined from Dec. 2021 ($2,132 Mil) to Dec. 2022 ($1,542 Mil) and declined from Dec. 2022 ($1,542 Mil) to Dec. 2023 ($1,452 Mil).

Salzgitter AG Accounts Payable & Accrued Expense Historical Data

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

Salzgitter AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,068.11

1,096.35

2,131.75

1,541.63

1,452.02

Salzgitter AG 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															1,341.76	1,294.80	1,501.17	1,452.02	1,422.50

Salzgitter AG 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.

Salzgitter AG (Salzgitter AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Salzgitter AG (OTCPK:SZGPY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SZGd:UK 0G77:UK SZG:Germany SZG:Germany SZG:Germany SZG:Germany

Address

Eisenhüttenstrasse 99, Salzgitter, DEU, 38239

Website

https://www.salzgitter-ag.com

Salzgitter AG is a German-based steel & technology company. The segments of the company are Steel Production, Steel Processing, Trading, & Technology business. The majority is derived from the trading segment. Steel Production Business Unit manufactures high-quality branded steel & special steel. Steel Processing Business Unit produce a broad spectrum of high-grade plate products. Trading Business Unit operates a tightly-knit European sales network & trading companies & agencies that ensure that Salzgitter Group's products & services are marketed efficiently. Technology Business Unit operates in the filling & packing technology segment, as well as in special machinery engineering for shoe manufacturing & elastomer production. Geographically, the majority is derived from domestic markets.