AB Akola Group (OVSE:AKO1L) Accounts Payable & Accrued Expense : €193 Mil (As of Mar. 2024)

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What is AB Akola Group Accounts Payable & Accrued Expense?

AB Akola Group's quarterly accounts payable & accrued expense declined from Sep. 2023 (€247 Mil) to Dec. 2023 (€177 Mil) but then increased from Dec. 2023 (€177 Mil) to Mar. 2024 (€193 Mil).

AB Akola Group's annual accounts payable & accrued expense increased from Jun. 2021 (€67 Mil) to Jun. 2022 (€222 Mil) but then declined from Jun. 2022 (€222 Mil) to Jun. 2023 (€208 Mil).

AB Akola Group Accounts Payable & Accrued Expense Historical Data

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

AB Akola Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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45.39

48.71

67.02

222.13

208.38

AB Akola Group 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															203.92	208.38	246.76	177.15	192.66

AB Akola Group 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.

AB Akola Group (OVSE:AKO1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AB Akola Group (OVSE:AKO1L) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

YG4:Germany

Address

Subacius Street 5, Vilnius, LTU, LT-01302

Website

https://www.linasagrogroup.lt

AB Akola Group formerly Linas Agro Group AB is an agribusiness company. The business activities of the group are divided into five operating segments namely Grain, oilseed and feed, Products and Services for Farming, Agricultural Production, Food products and others. Its products include grain, oilseed, raw feedstuffs, milk, poultry, and other products and services. The company earns maximum revenue from Grain, oilseed and feed segment. The company Geographically operates in Lithuani, Europe, Scandinavian countries, Africa, Asia, CIS and other.

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