AGC (ASGLY) Accounts Payable & Accrued Expense : $3,034 Mil (As of Dec. 2023)

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What is AGC Accounts Payable & Accrued Expense?

AGC's quarterly accounts payable & accrued expense declined from Jun. 2023 ($3,127 Mil) to Sep. 2023 ($3,026 Mil) but then increased from Sep. 2023 ($3,026 Mil) to Dec. 2023 ($3,034 Mil).

AGC's annual accounts payable & accrued expense declined from Dec. 2021 ($3,848 Mil) to Dec. 2022 ($3,361 Mil) and declined from Dec. 2022 ($3,361 Mil) to Dec. 2023 ($3,034 Mil).

AGC Accounts Payable & Accrued Expense Historical Data

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

AGC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,768.91

3,377.90

3,847.88

3,361.16

3,034.12

AGC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,361.16	3,248.20	3,126.61	3,026.41	3,034.12

AGC 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.

AGC (ASGLY) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ASGLF:USA 5201:Japan SHJ:Germany

Address

1-5-1, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8405

Website

https://www.agc.com

AGC Inc produces and sells glass and glass-related products in two segments based on product type: Automotive glass and Float glass. The Automotive glass segment, which generates the majority of revenue, is the largest automotive glass supplier in India. The Float glass segment manufactures and sells glass products to the architectural, interior design, and construction industries. The segment also produces solar glass, which is used for solar power generation. Nearly all of the company's revenue comes from India.

AGC (ASGLY) Headlines

From GuruFocus

AGC: The World's Largest Glass Manufacturer

By Holmes Osborne, CFA Holmes Osborne, CFA • 04-18-2019