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Novonesis AS (Novonesis AS) Accounts Payable & Accrued Expense : $473 Mil (As of Dec. 2023)


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What is Novonesis AS Accounts Payable & Accrued Expense?

Novonesis AS's quarterly accounts payable & accrued expense increased from Jun. 2023 ($452 Mil) to Sep. 2023 ($481 Mil) but then declined from Sep. 2023 ($481 Mil) to Dec. 2023 ($473 Mil).

Novonesis AS's annual accounts payable & accrued expense increased from Dec. 2021 ($472 Mil) to Dec. 2022 ($512 Mil) but then declined from Dec. 2022 ($512 Mil) to Dec. 2023 ($473 Mil).


Novonesis AS Accounts Payable & Accrued Expense Historical Data

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

Novonesis AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 433.30 412.40 472.12 511.75 472.87

Novonesis AS 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 511.75 487.18 452.13 480.99 472.87

Novonesis AS 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.


Novonesis AS (Novonesis AS) Business Description

Industry
Address
Krogshoejvej 36, Bagsvaerd, DNK, 2880
Novozymes is the world leader in industrial enzymes. In recent years, the company has expanded into micro-organisms, primarily for agricultural markets. The firm supplies five major industry groups: household care, food and beverages, bioenergy, agriculture and feed, and technical and pharma. Its biological solutions create value for its customers by improving yield efficiency and performance, while saving energy and generating less waste. The company is headquartered in Denmark.

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