Forvia SE (XPAR:FRVIA) Accounts Payable & Accrued Expense : €9,515 Mil (As of Dec. 2023)

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What is Forvia SE Accounts Payable & Accrued Expense?

Forvia SE's quarterly accounts payable & accrued expense increased from Dec. 2022 (€10,232 Mil) to Jun. 2023 (€10,742 Mil) but then declined from Jun. 2023 (€10,742 Mil) to Dec. 2023 (€9,515 Mil).

Forvia SE's annual accounts payable & accrued expense increased from Dec. 2021 (€7,453 Mil) to Dec. 2022 (€10,232 Mil) but then declined from Dec. 2022 (€10,232 Mil) to Dec. 2023 (€9,515 Mil).

Forvia SE Accounts Payable & Accrued Expense Historical Data

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

Forvia SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5,967.90

6,748.30

7,452.60

10,232.40

9,515.00

Forvia SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7,452.60	10,462.70	10,232.40	10,741.90	9,515.00

Forvia SE 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.

Forvia SE (XPAR:FRVIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Forvia SE (XPAR:FRVIA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

FURCF:USA 1FRVIA:Italy FRVIAp:UK 0MGR:UK FAU:Germany

Address

23-27 avenue des Champs-Pierreux, Nanterre, FRA, 92000

Website

https://www.faurecia.com

Forvia operates in automotive seating, interior systems, emission control technologies, electronics, lighting, and a segment called lifecycle solutions that does automotive-related recycling. The company has a global presence, with over 300 industrial facilities and 63 R&D centers in more than 40 countries, but much of its workforce is located in high-cost countries. Forvia's five largest customers by percentage of 2022 revenue are Volkswagen at 15.4%, Stellantis at 11.7%, Ford at 7.7%, the Renault-Nissan-Mitsubishi Alliance at 6.2%, and Mercedes-Benz at 6.1%. Geographically, Europe accounted for 44% of 2022 revenue, followed by North America at 25%, China at 21%, and all other regions at 10%.

Forvia SE (XPAR:FRVIA) Headlines

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