Grupo Argos (BOG:GRUPOARGOS) Accounts Payable & Accrued Expense : COP4,086,946 Mil (As of Mar. 2024)

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What is Grupo Argos Accounts Payable & Accrued Expense?

Grupo Argos's quarterly accounts payable & accrued expense declined from Sep. 2023 (COP3,797,871 Mil) to Dec. 2023 (COP3,616,152 Mil) but then increased from Dec. 2023 (COP3,616,152 Mil) to Mar. 2024 (COP4,086,946 Mil).

Grupo Argos's annual accounts payable & accrued expense increased from Dec. 2021 (COP2,775,492 Mil) to Dec. 2022 (COP3,073,938 Mil) and increased from Dec. 2022 (COP3,073,938 Mil) to Dec. 2023 (COP3,616,152 Mil).

Grupo Argos Accounts Payable & Accrued Expense Historical Data

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

Grupo Argos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,977,090.00

2,536,573.00

2,775,492.00

3,073,938.00

3,616,152.00

Grupo Argos 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															3,653,760.00	3,431,277.00	3,797,871.00	3,616,152.00	4,086,946.00

Grupo Argos 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.

Grupo Argos (BOG:GRUPOARGOS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Grupo Argos SA (BOG:GRUPOARGOS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PFGRUPOARG:Columbia

Address

Carrera 43A, No. 1A Sur 143, Santillana Center - South Tower, Medellin, COL

Website

https://www.grupoargos.com

Grupo Argos SA is a holding company with businesses spanning multiple industries including cement, energy, highway and airport construction, port operations, real estate, and coal. The Cement segment, which generates the majority of revenue, has a majority ownership stake in Cementos Argos, which manufactures and sells cement, concrete, and cement-related products in multiple countries throughout the Americas. The Energy segment has a majority ownership stake in a company named Celsia, which generates and sells gas, thermal energy, and hydroelectric energy throughout Central and South America.

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