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OMV AG (OMV AG) Accounts Payable & Accrued Expense : $6,523 Mil (As of Dec. 2023)


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What is OMV AG Accounts Payable & Accrued Expense?

OMV AG's quarterly accounts payable & accrued expense increased from Jun. 2023 ($4,990 Mil) to Sep. 2023 ($5,473 Mil) and increased from Sep. 2023 ($5,473 Mil) to Dec. 2023 ($6,523 Mil).

OMV AG's annual accounts payable & accrued expense increased from Dec. 2021 ($8,122 Mil) to Dec. 2022 ($9,267 Mil) but then declined from Dec. 2022 ($9,267 Mil) to Dec. 2023 ($6,523 Mil).


OMV AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for OMV 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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OMV AG Accounts Payable & Accrued Expense Chart

OMV AG 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 5,762.22 6,312.65 8,122.03 9,266.95 6,523.45

OMV AG 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 9,266.95 8,194.86 4,990.25 5,472.79 6,523.45

OMV 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.


OMV AG (OMV AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » OMV AG (OTCPK:OMVJF) » Definitions » Accounts Payable & Accrued Expense
Address
Trabrennstrasse 6 - 8, Vienna, AUT, 1020
OMV AG is an international, integrated oil and gas company that operates in the Exploration & Production, Refining & Marketing, and Chemicals & Materials segments. The company has exploration and production assets in a multitude of countries in Europe, Asia, and Africa. Exploration & Production (E&P) engages in the business of oil and gas exploration, development and production and focuses on the regions Central and Eastern Europe, North Sea, Middle East and Africa, and Asia-Pacific. The Refining & Marketing (R&M) Business Segment refines and markets crude and other feedstock. The Chemicals & Materials (C&M) Business Segment provides circular polyolefin solutions and base chemicals, fertilizers, and plastics recycling.

OMV AG (OMV AG) Headlines

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