Evonik Industries AG (WBO:EVK) Accounts Payable & Accrued Expense : €1,844 Mil (As of Dec. 2023)

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What is Evonik Industries AG Accounts Payable & Accrued Expense?

Evonik Industries AG's quarterly accounts payable & accrued expense declined from Jun. 2023 (€1,831 Mil) to Sep. 2023 (€1,695 Mil) but then increased from Sep. 2023 (€1,695 Mil) to Dec. 2023 (€1,844 Mil).

Evonik Industries AG's annual accounts payable & accrued expense declined from Dec. 2021 (€2,398 Mil) to Dec. 2022 (€2,135 Mil) and declined from Dec. 2022 (€2,135 Mil) to Dec. 2023 (€1,844 Mil).

Evonik Industries AG Accounts Payable & Accrued Expense Historical Data

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

Evonik Industries AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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1,791.00

1,638.00

2,398.00

2,135.00

1,844.00

Evonik Industries AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,135.00	2,105.00	1,831.00	1,695.00	1,844.00

Evonik Industries 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.

Evonik Industries AG (WBO:EVK) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

EVKIY:USA EVKIF:USA EVK:Italy EVKd:UK 0QDS:UK EVKA:Germany EVK:Germany EVK:Germany EVK:Germany EVK:Germany

Address

Rellinghauser Strasse 1-11, Essen, NW, DEU, 45128

Website

https://www.evonik.com

Evonik Industries is a German chemical company offering a mix of speciality and commodity chemical products. It has a number-one to -three market position in 80% of its businesses. Around 45% of sales are generated in Europe, while the key markets of North America and Asia account for 25% and 20% of sales, respectively. The company is organized into four major segments: specialty additives, smart materials, nutrition and care, and performance materials.

Evonik Industries AG (WBO:EVK) Headlines

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