SGS AG (SGS AG) Accounts Payable & Accrued Expense : $1,541 Mil (As of Dec. 2023)

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What is SGS AG Accounts Payable & Accrued Expense?

SGS AG's quarterly accounts payable & accrued expense declined from Dec. 2022 ($1,508 Mil) to Jun. 2023 ($1,482 Mil) but then increased from Jun. 2023 ($1,482 Mil) to Dec. 2023 ($1,541 Mil).

SGS AG's annual accounts payable & accrued expense declined from Dec. 2021 ($1,575 Mil) to Dec. 2022 ($1,508 Mil) but then increased from Dec. 2022 ($1,508 Mil) to Dec. 2023 ($1,541 Mil).

SGS AG Accounts Payable & Accrued Expense Historical Data

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

SGS AG Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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1,381.03

1,518.46

1,575.46

1,508.16

1,541.40

SGS 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															1,575.46	1,378.07	1,508.16	1,481.56	1,541.40

SGS 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.

SGS AG (SGS AG) Business Description

Industry

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Traded in Other Exchanges

SGSOF:USA SGSNz:UK 0QMI:UK SGSN:Switzerland

Address

1 Place des Alpes, P.O. Box 2152, Geneva, CHE, CH-1211

Website

https://www.sgs.com

Switzerland-listed SGS is the largest and one of the oldest companies in the testing, inspection, and certification industry. The company's primary activities involve testing products and materials, inspecting sites/industrial equipment, and certifying products and systems to ensure global/company standards. SGS is one of only four TIC companies that operate globally across numerous industries, including agriculture, food and life science, and transport services. SGS was first listed in 1981 and employs almost 100,000 people worldwide.

SGS AG (SGS AG) Headlines

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