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Sika AG (XSWX:SIKA) Accounts Payable & Accrued Expense : CHF1,582 Mil (As of Jun. 2024)


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What is Sika AG Accounts Payable & Accrued Expense?

Sika AG's quarterly accounts payable & accrued expense declined from Jun. 2023 (CHF1,676 Mil) to Dec. 2023 (CHF1,474 Mil) but then increased from Dec. 2023 (CHF1,474 Mil) to Jun. 2024 (CHF1,582 Mil).

Sika AG's annual accounts payable & accrued expense increased from Dec. 2021 (CHF1,204 Mil) to Dec. 2022 (CHF1,223 Mil) and increased from Dec. 2022 (CHF1,223 Mil) to Dec. 2023 (CHF1,474 Mil).

Sika AG Accounts Payable & Accrued Expense Historical Data

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

Sika AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,033.00 1,009.60 1,203.50 1,222.50 1,473.60

Sika AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,431.90 1,222.50 1,676.40 1,473.60 1,582.20

Sika 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.

Sika AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sika AG (XSWX:SIKA) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
SXYAY:USA SKFOF:USA SIKAz:UK 0Z4C:UK SIKB:Germany
Address
Zugerstrasse 50, Baar, CHE, 6340
Website
https://www.sika.com
Established in 1910, Sika produces specialty chemicals primarily used by the construction sector (85% of sales). Its products are mainly used for bonding, sealing, reinforcing, and protecting in the construction and automotive industries. Approximately 70% of its products have a positive impact on sustainability for customers. Sika has a global manufacturing footprint of more than 400 factories spread across over 100 countries.

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