Celanese (Celanese) Accounts Payable & Accrued Expense : $2,084 Mil (As of Dec. 2023)

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What is Celanese Accounts Payable & Accrued Expense?

Celanese's quarterly accounts payable & accrued expense declined from Jun. 2023 ($1,771 Mil) to Sep. 2023 ($1,671 Mil) but then increased from Sep. 2023 ($1,671 Mil) to Dec. 2023 ($2,084 Mil).

Celanese's annual accounts payable & accrued expense increased from Dec. 2021 ($1,433 Mil) to Dec. 2022 ($2,085 Mil) but then declined from Dec. 2022 ($2,085 Mil) to Dec. 2023 ($2,084 Mil).

Celanese Accounts Payable & Accrued Expense Historical Data

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

Celanese Annual Data

Trend

Dec14

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Dec16

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Dec18

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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950.00

1,087.00

1,433.00

2,085.00

2,084.00

Celanese 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															2,085.00	1,820.00	1,771.00	1,671.00	2,084.00

Celanese 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.

Celanese (Celanese) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Celanese Corp (NYSE:CE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

DG3:Germany DG3:Germany C1NS34:Brazil

Address

222 W. Las Colinas Boulevard, Suite 900N, Irving, TX, USA, 75039-5421

Website

https://www.celanese.com

Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.

Executives

Thomas Francis Kelly	officer: SVP, EM	222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Mark Christopher Murray	officer: VP - Bus. Strat & Development	100 MATSONFORD ROAD, RADNOR PA 19087
Aaron M Mcgilvray	officer: Chief Accounting Officer	222 W. LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Rahul Ghai	director	GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Michael Koenig	director	222 W. LAS COLINAS BLVD., SUITE 900N, IRVING TX 75039
Vanessa Dupuis	officer: SVP, HR (CHRO)	C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Scott A Richardson	officer: SVP & CFO	C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
John K Wulff	director	C/O HERCULES INC, 1313 NORTH MARKET STREET, WILMINGTON DE 19894-0001
Deborah J. Kissire	director	210 E. EARLL DRIVE, PHOENIX AZ 85012
John G Fotheringham	officer: SVP, Acetyl Chain	222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Lori Ryerkerk	director, officer: CEO	AXALTA COATING SYSTEMS LTD., 2001 MARKET STREET, SUITE 3600, PHILADELPHIA PA 19103
Todd L Elliott	officer: SVP, Acetyl Chain	C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
A. Lynne Puckett	officer: SVP & GC	C/O 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Rucker Kim K.w.	director	KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Peter G Edwards	officer: EVP & GC	C/O BAXALTA INCORPORATED, 1200 LAKESIDE DRIVE, BANNOCKBURN IL 60015