Owens-Corning (FRA:O5Q) Accounts Payable & Accrued Expense : €1,083 Mil (As of Mar. 2024)

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What is Owens-Corning Accounts Payable & Accrued Expense?

Owens-Corning's quarterly accounts payable & accrued expense increased from Sep. 2023 (€1,088 Mil) to Dec. 2023 (€1,404 Mil) but then declined from Dec. 2023 (€1,404 Mil) to Mar. 2024 (€1,083 Mil).

Owens-Corning's annual accounts payable & accrued expense increased from Dec. 2021 (€1,236 Mil) to Dec. 2022 (€1,592 Mil) but then declined from Dec. 2022 (€1,592 Mil) to Dec. 2023 (€1,404 Mil).

Owens-Corning Accounts Payable & Accrued Expense Historical Data

The historical data trend for Owens-Corning'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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Owens-Corning Accounts Payable & Accrued Expense Chart

Owens-Corning Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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888.30

931.33

1,236.35

1,591.58

1,403.93

Owens-Corning Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,160.96	1,108.52	1,087.86	1,403.93	1,082.84

Owens-Corning 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.

Owens-Corning (FRA:O5Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Owens-Corning Inc (FRA:O5Q) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

OC:USA

Address

One Owens Corning Parkway, Toledo, OH, USA, 43659

Website

https://www.owenscorning.com

Owens-Corning Inc is a manufacturer of glass fiber utilized in composites and building materials. It has an integrated business model with three reportable segments: Composites, Insulation, and Roofing. The company generates maximum revenue from the Insulation segment. Its Insulation segment manufactures and sells thermal and acoustical batts, loosefill insulation, spray foam insulation, foam sheathing, and accessories. It also manufactures and sells glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated mineral wool insulation, cellular glass insulation, and foam insulation used in above- and below-grade construction applications.

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