CVR Energy (STU:FL9) Accounts Payable & Accrued Expense : €894 Mil (As of Mar. 2024)

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What is CVR Energy Accounts Payable & Accrued Expense?

CVR Energy's quarterly accounts payable & accrued expense declined from Sep. 2023 (€1,090 Mil) to Dec. 2023 (€947 Mil) and declined from Dec. 2023 (€947 Mil) to Mar. 2024 (€894 Mil).

CVR Energy's annual accounts payable & accrued expense increased from Dec. 2021 (€914 Mil) to Dec. 2022 (€1,260 Mil) but then declined from Dec. 2022 (€1,260 Mil) to Dec. 2023 (€947 Mil).

CVR Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for CVR Energy'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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CVR Energy Accounts Payable & Accrued Expense Chart

CVR Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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482.40

480.87

914.21

1,260.24

947.26

CVR Energy 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															1,160.96	1,117.75	1,089.73	947.26	894.24

CVR Energy 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.

CVR Energy (STU:FL9) Business Description

Industry

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CVI:USA

Address

2277 Plaza Drive, Suite 500, Sugar Land, TX, USA, 77479

Website

https://www.cvrenergy.com

CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP and CVR Partners, LP. CVR Refining LP includes several complex full coking crude oil refineries, along with a crude oil gathering system, pipelines and storage tanks, and marketing and supply. The company's refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR's refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies product through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company's customers include retailers, railroads, and farm cooperatives.

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