WS (Worthington Steel) Accounts Payable & Accrued Expense : $404 Mil (As of Feb. 2025)

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What is Worthington Steel Accounts Payable & Accrued Expense?

Worthington Steel's quarterly accounts payable & accrued expense declined from Aug. 2024 ($428 Mil) to Nov. 2024 ($345 Mil) but then increased from Nov. 2024 ($345 Mil) to Feb. 2025 ($404 Mil).

Worthington Steel's annual accounts payable & accrued expense declined from May. 2022 ($589 Mil) to May. 2023 ($450 Mil) but then increased from May. 2023 ($450 Mil) to May. 2024 ($463 Mil).

Worthington Steel Accounts Payable & Accrued Expense Historical Data

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

Worthington Steel Annual Data

Trend

May21

May22

May23

May24

Accounts Payable & Accrued Expense

503.17

589.31

449.70

462.80

Worthington Steel Quarterly Data
	May21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								491.50	462.80	428.30	345.30	403.60

Worthington Steel 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.

Worthington Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Worthington Steel Inc (NYSE:WS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

Z2J:Germany

Address

100 Old Wilson Bridge Road, Columbus, OH, USA, 43085

Website

https://www.worthingtonsteel.com

Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.