Siderurgica VenezolanaCA (CAR:SVS) Accounts Payable & Accrued Expense : VES21.01 Mil (As of Mar. 2024)

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What is Siderurgica VenezolanaCA Accounts Payable & Accrued Expense?

Siderurgica VenezolanaCA's quarterly accounts payable & accrued expense declined from Sep. 2023 (VES2,712.60 Mil) to Dec. 2023 (VES21.30 Mil) and declined from Dec. 2023 (VES21.30 Mil) to Mar. 2024 (VES21.01 Mil).

Siderurgica VenezolanaCA's annual accounts payable & accrued expense increased from Sep. 2021 (VES2,451.89 Mil) to Sep. 2022 (VES11,428.14 Mil) but then declined from Sep. 2022 (VES11,428.14 Mil) to Sep. 2023 (VES2,712.60 Mil).

Siderurgica VenezolanaCA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Siderurgica VenezolanaCA'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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Siderurgica VenezolanaCA Accounts Payable & Accrued Expense Chart

Siderurgica VenezolanaCA Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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34,777.36

44,140.47

2,451.89

11,428.14

2,712.60

Siderurgica VenezolanaCA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															26.45	26.19	2,712.60	21.30	21.01

Siderurgica VenezolanaCA 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.

Siderurgica VenezolanaCA (CAR:SVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Siderurgica Venezolana SACA (CAR:SVS) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Avenida Venezuela, Torre America, Urbanizacion Bello Monte, Piso 11, Caracas, VEN

Website

http://www.sivensa.com.ve

Siderurgica Venezolana Sivensa SA is a holding company. The Company along with its subsidiaries is engaged in the manufacture of long steel products for the construction, manufacturing and infrastructure industries. The group has two business units namely IBH, Sidetur.

Siderurgica VenezolanaCA (CAR:SVS) Headlines

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