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Aker Carbon Capture ASA (Aker Carbon Capture ASA) Accounts Payable & Accrued Expense : $71.7 Mil (As of Mar. 2024)


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What is Aker Carbon Capture ASA Accounts Payable & Accrued Expense?

Aker Carbon Capture ASA's quarterly accounts payable & accrued expense declined from Sep. 2023 ($86.1 Mil) to Dec. 2023 ($11.2 Mil) but then increased from Dec. 2023 ($11.2 Mil) to Mar. 2024 ($71.7 Mil).

Aker Carbon Capture ASA's annual accounts payable & accrued expense increased from Dec. 2021 ($5.4 Mil) to Dec. 2022 ($6.1 Mil) and increased from Dec. 2022 ($6.1 Mil) to Dec. 2023 ($11.2 Mil).


Aker Carbon Capture ASA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Aker Carbon Capture ASA'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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Aker Carbon Capture ASA Accounts Payable & Accrued Expense Chart

Aker Carbon Capture ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
1.52 5.35 6.14 11.19

Aker Carbon Capture ASA Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 67.04 27.70 86.09 11.19 71.68

Aker Carbon Capture ASA 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.


Aker Carbon Capture ASA (Aker Carbon Capture ASA) Business Description

Traded in Other Exchanges
Address
Oksenoyveien 8, Lysaker, Baerum, NOR, 1366
Aker Carbon Capture ASA is a carbon capture technology provider. The company's proprietary carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2. This process can be applied to emissions from various sources, from gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries. Its products and services include Just Catch, Offshore Just Catch, Big Catch, Mobile Test Unit - Rental service, CO2 for Enhanced Oil Recovery (EOR), and Storage Practice.