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Sika AG (XSWX:SIKA) Accounts Payable & Accrued Expense : CHF1,474 Mil (As of Dec. 2023)


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What is Sika AG Accounts Payable & Accrued Expense?

Sika AG's quarterly accounts payable & accrued expense increased from Dec. 2022 (CHF1,223 Mil) to Jun. 2023 (CHF1,676 Mil) but then declined from Jun. 2023 (CHF1,676 Mil) to Dec. 2023 (CHF1,474 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
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1,203.50 1,431.90 1,222.50 1,676.40 1,473.60

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 (XSWX:SIKA) Business Description

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Address
Zugerstrasse 50, Baar, CHE, 6340
Sika AG manufactures and sells specialty chemical-based products. The majority of the company's revenue comes from the construction industry. Sika's products are used mainly for bonding, sealing, damping, reinforcing, and protecting in the building and motor vehicle industries. The firm produces additives for concrete, cement, and mortar production, waterproofing systems, roof waterproofing, flooring solutions, sealants, adhesive tapes, assembly foams and elastic adhesives for facade construction, interior and infrastructure construction, as well as concrete protection and repair solutions. The company's reportable segments are based on geography: EMEA, the Americas; Asia-Pacific; and global business. The EMEA segment generates the majority of revenue.

Sika AG (XSWX:SIKA) Headlines

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