Loomis AB (OSTO:LOOMIS) Accounts Payable & Accrued Expense : kr1,325 Mil (As of Mar. 2024)

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What is Loomis AB Accounts Payable & Accrued Expense?

Loomis AB's quarterly accounts payable & accrued expense increased from Sep. 2023 (kr1,062 Mil) to Dec. 2023 (kr1,416 Mil) but then declined from Dec. 2023 (kr1,416 Mil) to Mar. 2024 (kr1,325 Mil).

Loomis AB's annual accounts payable & accrued expense increased from Dec. 2021 (kr1,193 Mil) to Dec. 2022 (kr1,353 Mil) and increased from Dec. 2022 (kr1,353 Mil) to Dec. 2023 (kr1,416 Mil).

Loomis AB Accounts Payable & Accrued Expense Historical Data

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

Loomis AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,113.00

1,020.00

1,193.00

1,353.00

1,416.00

Loomis 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															1,394.00	1,093.00	1,062.00	1,416.00	1,325.00

Loomis 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.

Loomis AB (OSTO:LOOMIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Loomis AB (OSTO:LOOMIS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

0JYZ:UK K900:Germany

Address

Drottninggatan 82, 4th floor, P.O Box 702, Stockholm, SWE, 111 36

Website

https://www.loomis.com

Loomis AB is a Sweden-based company primarily engaged in cash handling services, which include cash in transit, or CIT, and cash management services, or CMS. CIT involves transporting cash to and from stores, banks and ATMs. CMS involves moving cash from customers to Loomis' cash centers where Loomis counts and packages bills and coins with quality assurance. CMS also involves cash flow analyzing, forecasting, and reporting, as well as other customized solutions. Besides CIT and CMS, Loomis also provides cross-border transportation services and general cargo services. Its segments are Europe, the United States, and Loomis Pay.

Loomis AB (OSTO:LOOMIS) Headlines

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