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Innospec (LTS:0JAX) Accounts Payable & Accrued Expense : $342 Mil (As of Mar. 2024)


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What is Innospec Accounts Payable & Accrued Expense?

Innospec's quarterly accounts payable & accrued expense increased from Sep. 2023 ($326 Mil) to Dec. 2023 ($352 Mil) but then declined from Dec. 2023 ($352 Mil) to Mar. 2024 ($342 Mil).

Innospec's annual accounts payable & accrued expense increased from Dec. 2021 ($319 Mil) to Dec. 2022 ($387 Mil) but then declined from Dec. 2022 ($387 Mil) to Dec. 2023 ($352 Mil).


Innospec Accounts Payable & Accrued Expense Historical Data

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

Innospec Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 286.30 234.00 318.90 386.60 352.10

Innospec 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 361.40 346.30 326.40 352.10 342.20

Innospec 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.


Innospec (LTS:0JAX) Business Description

Industry
Traded in Other Exchanges
Address
8310 South Valley Highway, Suite 350, Englewood, CO, USA, 80112
Innospec Inc manufactures and sells a variety of chemicals and fuel additives. The firm organizes itself into three segments based on product type. The fuel specialties segment, which generates the majority of revenue, sells products used to improve fuel efficiency, boost engine performance, and reduce emissions for automobiles, boats, and airplanes. It also sells products used by oil field services providers in the extraction of oil and gas. The performance chemicals segment sells products to the personal-care industry. The Oilfield Services segment develops and markets products to prevent loss of mud.

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