Swiss Steel Holding AG (XSWX:STLN) Accounts Payable & Accrued Expense : CHF355 Mil (As of Dec. 2023)

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What is Swiss Steel Holding AG Accounts Payable & Accrued Expense?

Swiss Steel Holding AG's quarterly accounts payable & accrued expense increased from Dec. 2022 (CHF471 Mil) to Jun. 2023 (CHF482 Mil) but then declined from Jun. 2023 (CHF482 Mil) to Dec. 2023 (CHF355 Mil).

Swiss Steel Holding AG's annual accounts payable & accrued expense declined from Dec. 2021 (CHF492 Mil) to Dec. 2022 (CHF471 Mil) and declined from Dec. 2022 (CHF471 Mil) to Dec. 2023 (CHF355 Mil).

Swiss Steel Holding AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Swiss Steel Holding AG'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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Swiss Steel Holding AG Accounts Payable & Accrued Expense Chart

Swiss Steel Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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439.66

362.60

491.82

470.93

355.07

Swiss Steel Holding AG 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															491.82	644.99	470.93	482.29	355.07

Swiss Steel Holding AG 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.

Swiss Steel Holding AG (XSWX:STLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Swiss Steel Holding AG (XSWX:STLN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

STLNz:UK

Address

Landenbergstrasse 11, Lucerne, CHE, 6005

Website

https://www.swisssteel-group.com

Swiss Steel Holding AG is a manufacturer, processor, and distributor of long steel products. The company operates through two segments, Production and Sales and services. Its products include quality steel, tool steel, bright steel, and special materials, etc. The company also offers service, which includes technical service, prefabrication, and timely delivery service. It generates maximum revenue from the Production segment. The company derives the majority of its revenues from Germany.

Swiss Steel Holding AG (XSWX:STLN) Headlines

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