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Assa Abloy AB (CHIX:ASSABS) Accounts Payable & Accrued Expense for Financial Companies


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What is Assa Abloy AB Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Assa Abloy AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Assa Abloy AB (CHIX:ASSABs) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Address
Klarabergsviadukten 90, P.O. Box 70340, Stockholm, SWE, SE-107 23
Assa Abloy is the world's largest supplier of locking and physical access solutions, sporting the world's largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Some 70% of the group's revenue is derived from commercial, government, and other nonresidential customers. The company's product base is centred on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.