Orsted A/S (OCSE:ORSTED) Accounts Payable & Accrued Expense : kr29,792 Mil (As of Mar. 2024)

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What is Orsted A/S Accounts Payable & Accrued Expense?

Orsted A/S's quarterly accounts payable & accrued expense increased from Sep. 2023 (kr28,900 Mil) to Dec. 2023 (kr30,820 Mil) but then declined from Dec. 2023 (kr30,820 Mil) to Mar. 2024 (kr29,792 Mil).

Orsted A/S's annual accounts payable & accrued expense increased from Dec. 2021 (kr31,226 Mil) to Dec. 2022 (kr35,177 Mil) but then declined from Dec. 2022 (kr35,177 Mil) to Dec. 2023 (kr30,820 Mil).

Orsted A/S Accounts Payable & Accrued Expense Historical Data

The historical data trend for Orsted A/S'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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Orsted A/S Accounts Payable & Accrued Expense Chart

Orsted A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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19,786.00

23,231.00

31,226.00

35,177.00

30,820.00

Orsted A/S 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															29,319.00	26,362.00	28,900.00	30,820.00	29,792.00

Orsted A/S 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.

Orsted A/S (OCSE:ORSTED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Orsted A/S (OCSE:ORSTED) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

DOGEF:USA DNNGY:USA ORSTEc:UK 0RHE:UK D2G:Germany

Address

Kraftvaerksvej 53, Skaerbaek, Fredericia, DNK, DK-7000

Website

https://www.orsted.com

Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 initial public offering. Orsted is now focused on renewable assets, especially offshore wind farms. It operated 8.9 gigawatts of offshore wind farms at the end of 2022. The United Kingdom is the biggest country of operation, ahead of Germany and Denmark. The group intends to develop its footprint outside Europe with projects in Taiwan and in the U.S. Orsted also operates 4.2 GW of onshore wind and solar assets concentrated in the United States. The company is also involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.

Orsted A/S (OCSE:ORSTED) Headlines

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