Covestro AG (WBO:1COV) Accounts Payable & Accrued Expense : €2,302 Mil (As of Mar. 2025)

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What is Covestro AG Accounts Payable & Accrued Expense?

Covestro AG's quarterly accounts payable & accrued expense increased from Sep. 2024 (€2,043 Mil) to Dec. 2024 (€2,262 Mil) and increased from Dec. 2024 (€2,262 Mil) to Mar. 2025 (€2,302 Mil).

Covestro AG's annual accounts payable & accrued expense declined from Dec. 2022 (€2,280 Mil) to Dec. 2023 (€2,017 Mil) but then increased from Dec. 2023 (€2,017 Mil) to Dec. 2024 (€2,262 Mil).

Covestro AG Accounts Payable & Accrued Expense Historical Data

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

Covestro AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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1,390.00

2,523.00

2,280.00

2,017.00

2,262.00

Covestro AG Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,005.00	2,011.00	2,043.00	2,262.00	2,302.00

Covestro 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.

Covestro AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Covestro AG (WBO:1COV) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

COVTY:USA CVVTF:USA 1COVd:UK 0RBE:UK 1COV:Germany 1COV:Bulgaria

Address

Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373

Website

https://www.covestro.com/en

Covestro AG is a player in the polymer materials field. The firm is engaged in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for the company's products is driven by cyclical end markets, such as automotive, construction, and furniture. The company's segment includes Performance Materials and Solutions & Specialties. The company generates the majority of its revenue from Solutions & Specialties segment. The Solutions & Specialties segment includes six business entities: Engineering Plastics; Coatings & Adhesives; Tailored Urethanes; Thermoplastic Polyurethanes; Specialty Films; and Elastomers.

Covestro AG Headlines

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