Balco Group AB (OSTO:BALCO) Accounts Payable & Accrued Expense : kr162 Mil (As of Mar. 2024)

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What is Balco Group AB Accounts Payable & Accrued Expense?

Balco Group AB's quarterly accounts payable & accrued expense declined from Sep. 2023 (kr106 Mil) to Dec. 2023 (kr106 Mil) but then increased from Dec. 2023 (kr106 Mil) to Mar. 2024 (kr162 Mil).

Balco Group AB's annual accounts payable & accrued expense increased from Dec. 2021 (kr146 Mil) to Dec. 2022 (kr155 Mil) but then declined from Dec. 2022 (kr155 Mil) to Dec. 2023 (kr106 Mil).

Balco Group AB Accounts Payable & Accrued Expense Historical Data

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

Balco Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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156.26

178.29

146.32

154.62

105.59

Balco Group AB 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															120.50	111.20	105.90	105.59	161.60

Balco 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.

Balco Group AB (OSTO:BALCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Balco Group AB (OSTO:BALCO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

B9C:Germany

Address

Algvagen 4, Vaxjo, SWE, 352 45

Website

https://www.balcogroup.se

Balco Group AB provides expertise in supplying glazed balconies and balcony solutions. It offers customer-adapted and balcony solutions to tenant-owner associations, the public housing sector, private landlords, and construction companies. Its operating segment includes Renovation, New Build, and others. It generates maximum revenue from the Renovation segment. Geographically, it derives a majority of its revenue from Sweden and also has a presence in Germany, Norway, Denmark the United Kingdom, Netherlands, Finland, and Switzerland.

Balco Group AB (OSTO:BALCO) Headlines

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