Novolipetsk Steel PJSC (CHIX:NLMKL) Accounts Payable & Accrued Expense : $1,806 Mil (As of Dec. 2021)

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What is Novolipetsk Steel PJSC Accounts Payable & Accrued Expense?

Novolipetsk Steel PJSC's quarterly accounts payable & accrued expense declined from Jun. 2021 ($2,229 Mil) to Sep. 2021 ($1,662 Mil) but then increased from Sep. 2021 ($1,662 Mil) to Dec. 2021 ($1,806 Mil).

Novolipetsk Steel PJSC's annual accounts payable & accrued expense declined from Dec. 2019 ($1,474 Mil) to Dec. 2020 ($1,225 Mil) but then increased from Dec. 2020 ($1,225 Mil) to Dec. 2021 ($1,806 Mil).

Novolipetsk Steel PJSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Novolipetsk Steel PJSC'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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Novolipetsk Steel PJSC Accounts Payable & Accrued Expense Chart

Novolipetsk Steel PJSC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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1,619.00

1,675.00

1,474.00

1,225.00

1,806.00

Novolipetsk Steel PJSC Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,225.00	1,240.00	2,229.00	1,662.00	1,806.00

Novolipetsk Steel PJSC 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.

Novolipetsk Steel PJSC (CHIX:NLMKL) Business Description

Industry

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Address

2, Metallurgov Sq., Lipetsk, RUS, 398040

Website

https://www.nlmk.com

Novolipetsk Steel PJSC is a Russia-based steelmaker with production assets located in Russia, Europe, and the United States. The company's metal products are used in various industries, from construction and engineering to the manufacture of power-generating equipment and off shore wind turbines. The company operates through six segments, namely Mining, Russian flat products, Russian long products, NLMK USA, NLMK DanSteel and Plates Distribution Network, and Investments in NBH. Russian flat products for over half of the company's revenue. Russia, Europe, North America, and the Middle East are the four largest markets for the company.

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