Storskogen Group AB (CHIX:STORCS) Accounts Payable & Accrued Expense : kr2,553 Mil (As of Mar. 2024)

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What is Storskogen Group AB Accounts Payable & Accrued Expense?

Storskogen Group AB's quarterly accounts payable & accrued expense increased from Sep. 2023 (kr2,538 Mil) to Dec. 2023 (kr2,946 Mil) but then declined from Dec. 2023 (kr2,946 Mil) to Mar. 2024 (kr2,553 Mil).

Storskogen Group AB's annual accounts payable & accrued expense increased from Dec. 2021 (kr2,658 Mil) to Dec. 2022 (kr3,476 Mil) but then declined from Dec. 2022 (kr3,476 Mil) to Dec. 2023 (kr2,946 Mil).

Storskogen Group AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Storskogen Group AB'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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Storskogen Group AB Accounts Payable & Accrued Expense Chart

Storskogen Group AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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652.00

968.00

2,658.00

3,476.00

2,946.00

Storskogen Group AB Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												2,638.00	2,547.00	2,538.00	2,946.00	2,553.00

Storskogen Group AB 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.

Storskogen Group AB (CHIX:STORCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Storskogen Group AB (CHIX:STORCs) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

STOR B:Sweden 0AA9:UK 0VK:Germany

Address

Hovslagargatan 3, 6th Floor, Stockholm, SWE, 111 48

Website

https://www.storskogen.com

Storskogen Group AB is an international group of businesses. It acquires and manages profitable small and medium-sized businesses with prime positions in their respective markets. It is divided into three business areas, Industry, Services, and Trade, predominantly in Sweden and with an increasing presence in the Nordics, Germany, Switzerland, and the UK.

Storskogen Group AB (CHIX:STORCS) Headlines

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