NIBE Industrier AB (XSWX:NIBEB) Accounts Payable & Accrued Expense : CHF323 Mil (As of Dec. 2023)

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What is NIBE Industrier AB Accounts Payable & Accrued Expense?

NIBE Industrier AB's quarterly accounts payable & accrued expense stayed the same from Jun. 2023 (CHF0 Mil) to Sep. 2023 (CHF0 Mil) but then increased from Sep. 2023 (CHF0 Mil) to Dec. 2023 (CHF323 Mil).

NIBE Industrier AB's annual accounts payable & accrued expense increased from Dec. 2021 (CHF331 Mil) to Dec. 2022 (CHF425 Mil) but then declined from Dec. 2022 (CHF425 Mil) to Dec. 2023 (CHF323 Mil).

NIBE Industrier AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for NIBE Industrier AB'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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NIBE Industrier AB Accounts Payable & Accrued Expense Chart

NIBE Industrier AB Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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208.24

237.00

331.23

425.05

323.41

NIBE Industrier AB 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															425.05	-	-	-	323.41

NIBE Industrier AB 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.

NIBE Industrier AB (XSWX:NIBEB) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

NIABY:USA NDRBF:USA NIBE B:Sweden NIBEBs:UK 0RH0:UK NJB:Germany

Address

Hannabadsvagen 5, Box 14, Markaryd, SWE, SE- 285 21

Website

https://www.nibe.com

NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.

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