Titan Cement International (XBRU:TITC) Accounts Payable & Accrued Expense : €373 Mil (As of Dec. 2023)

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What is Titan Cement International Accounts Payable & Accrued Expense?

Titan Cement International's quarterly accounts payable & accrued expense declined from Jun. 2023 (€443 Mil) to Sep. 2023 (€427 Mil) and declined from Sep. 2023 (€427 Mil) to Dec. 2023 (€373 Mil).

Titan Cement International's annual accounts payable & accrued expense increased from Dec. 2021 (€269 Mil) to Dec. 2022 (€365 Mil) and increased from Dec. 2022 (€365 Mil) to Dec. 2023 (€373 Mil).

Titan Cement International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Titan Cement International'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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Titan Cement International Accounts Payable & Accrued Expense Chart

Titan Cement International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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264.35

265.62

269.29

365.20

373.00

Titan Cement International Quarterly Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											365.20	442.65	427.18	373.00	-

Titan Cement International 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.

Titan Cement International (XBRU:TITC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Titan Cement International SA (XBRU:TITC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TTCIF:USA TITC:Greece TCJ:Germany

Address

Rue de la Loi 23, 7th Floor, P.O. Box 4, Brussels, BEL, 1040

Website

https://www.titan-cement.com

Titan Cement International SA and its subsidiaries are engaged in the production, trade, and distribution of a wide range of construction materials, including cement, concrete, aggregates, cement blocks, dry mortars and fly ash. Its Geographical operating segment includes Greece and Western Europe; North America; South Eastern Europe and Eastern Mediterranean. The company derives a majority of revenue from North America.

Titan Cement International (XBRU:TITC) Headlines

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