Solvay (XBRU:SOLB) Accounts Payable & Accrued Expense : €859 Mil (As of Mar. 2024)

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What is Solvay Accounts Payable & Accrued Expense?

Solvay's quarterly accounts payable & accrued expense declined from Sep. 2023 (€1,890 Mil) to Dec. 2023 (€1,093 Mil) and declined from Dec. 2023 (€1,093 Mil) to Mar. 2024 (€859 Mil).

Solvay's annual accounts payable & accrued expense increased from Dec. 2021 (€2,559 Mil) to Dec. 2022 (€2,580 Mil) but then declined from Dec. 2022 (€2,580 Mil) to Dec. 2023 (€1,093 Mil).

Solvay Accounts Payable & Accrued Expense Historical Data

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

Solvay Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,652.00

1,573.00

2,559.00

2,580.00

1,093.00

Solvay 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															2,162.00	1,997.00	1,890.00	1,093.00	859.00

Solvay 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.

Solvay (XBRU:SOLB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Solvay SA (XBRU:SOLB) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SVYSF:USA SLVYY:USA SOLBb:UK 0NZR:UK SOL:Germany SOLB:Austria

Address

Rue De Ransbeek, 310, Brussels, BEL, B-1120

Website

https://www.solvay.com

Solvay is a Belgium-based producer of chemicals, plastics, and composites. The company has a top-three market position for nearly all of its products. Key business segments include materials, chemicals, and solutions. High-value products include aerospace composites and specialty polymers while traditional chemical products include soda ash and hydrogen peroxide. Geographical exposure is relatively balanced, with Europe, North America, and Asia each contributing a third of sales.

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