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DSM Firmenich AG (XAMS:DSFIR) Accounts Payable & Accrued Expense : €2,471 Mil (As of Dec. 2023)


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What is DSM Firmenich AG Accounts Payable & Accrued Expense?

DSM Firmenich AG's quarterly accounts payable & accrued expense increased from Dec. 2022 (€1,550 Mil) to Jun. 2023 (€2,162 Mil) and increased from Jun. 2023 (€2,162 Mil) to Dec. 2023 (€2,471 Mil).

DSM Firmenich AG's annual accounts payable & accrued expense increased from Dec. 2021 (€0 Mil) to Dec. 2022 (€1,550 Mil) and increased from Dec. 2022 (€1,550 Mil) to Dec. 2023 (€2,471 Mil).


DSM Firmenich AG Accounts Payable & Accrued Expense Historical Data

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

DSM Firmenich AG Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
- 1,550.00 2,471.00

DSM Firmenich AG Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense - 2,257.00 1,550.00 2,162.00 2,471.00

DSM Firmenich 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.


DSM Firmenich AG (XAMS:DSFIR) Business Description

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Address
Wurmisweg 576, Kaiseraugst, CHE, 4303
DSM-Firmenich is a global science-based company formed in 2023 through the merger of DSM, a Dutch nutrition, health, and sustainable living player, and Switzerland-based Firmenich, the third-largest player in the flavor and fragrance market. The company serves a wide range of end-consumer markets providing nutrition solutions ranging from animal feed to medical and early-life nutrition, fragrances for personal-, home-, and laundry-care brands, prestige perfumes, and other ingredients for food and beverage, home, and personal care. DSM-Firmenich has nearly 30,000 employees, with more than 2,000 scientists and engineers spread across 15 research and development facilities.

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