Krones AG (Krones AG) Accounts Payable & Accrued Expense : $820 Mil (As of Mar. 2024)

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What is Krones AG Accounts Payable & Accrued Expense?

Krones AG's quarterly accounts payable & accrued expense increased from Sep. 2023 ($726 Mil) to Dec. 2023 ($855 Mil) but then declined from Dec. 2023 ($855 Mil) to Mar. 2024 ($820 Mil).

Krones AG's annual accounts payable & accrued expense increased from Dec. 2021 ($653 Mil) to Dec. 2022 ($795 Mil) and increased from Dec. 2022 ($795 Mil) to Dec. 2023 ($855 Mil).

Krones AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Krones 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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Krones AG Accounts Payable & Accrued Expense Chart

Krones AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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574.41

525.52

653.12

794.53

855.00

Krones AG 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															740.69	710.18	725.51	855.00	820.33

Krones 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.

Krones AG (Krones AG) Business Description

Industry

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Traded in Other Exchanges

KRNd:UK 0LQ4:UK KRN:Germany

Address

Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073

Website

https://www.krones.com

Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account the Krones' revenue. While the company has a presence, Germany remains the central location for the development of machines, lines, and services.

Krones AG (Krones AG) Headlines

From GuruFocus

Krones Is Everything From Soup to Nuts in Bottling and Brewing Equipment

By Holmes Osborne, CFA Holmes Osborne, CFA • 10-11-2016

Tweedy Browne Comments on Krones

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