O-I Glass (STU:2WZ) Accounts Payable & Accrued Expense : €1,076 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is O-I Glass Accounts Payable & Accrued Expense?

O-I Glass's quarterly accounts payable & accrued expense increased from Sep. 2023 (€1,171 Mil) to Dec. 2023 (€1,924 Mil) but then declined from Dec. 2023 (€1,924 Mil) to Mar. 2024 (€1,076 Mil).

O-I Glass's annual accounts payable & accrued expense increased from Dec. 2021 (€1,558 Mil) to Dec. 2022 (€1,899 Mil) and increased from Dec. 2022 (€1,899 Mil) to Dec. 2023 (€1,924 Mil).

O-I Glass Accounts Payable & Accrued Expense Historical Data

The historical data trend for O-I Glass'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.

* Premium members only.

O-I Glass Accounts Payable & Accrued Expense Chart

O-I Glass Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

1,683.90

1,398.22

1,558.49

1,899.33

1,923.87

O-I Glass 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															1,217.94	1,218.36	1,171.25	1,923.87	1,076.40

O-I Glass 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.

O-I Glass (STU:2WZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » O-I Glass Inc (STU:2WZ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

AMBP PTVE GEF TRS MYE PACK KRT VKSC SEE TUP BALL AVY PKG AMCR WRK IP DUB:SK3 CCK TSX:CCL.A GPK

Traded in Other Exchanges

OI:USA 2WZ:Germany

Address

One Michael Owens Way, Perrysburg, OH, USA, 43551

Website

https://www.o-i.com

O-I Glass is the world's largest manufacturer of glass bottles; 70% of its revenue comes from outside the United States. O-I has a market-leading position in key markets such as Europe, North America, and Brazil, among others. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food. In the coming years, O-I is looking to maintain or expand its dominant positions in Europe, North America, and South America.

O-I Glass (STU:2WZ) Headlines

No Headlines