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Olympic Steel (FRA:OYS) Accounts Payable & Accrued Expense : €170 Mil (As of Mar. 2024)


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What is Olympic Steel Accounts Payable & Accrued Expense?

Olympic Steel's quarterly accounts payable & accrued expense declined from Sep. 2023 (€168 Mil) to Dec. 2023 (€158 Mil) but then increased from Dec. 2023 (€158 Mil) to Mar. 2024 (€170 Mil).

Olympic Steel's annual accounts payable & accrued expense declined from Dec. 2021 (€193 Mil) to Dec. 2022 (€150 Mil) but then increased from Dec. 2022 (€150 Mil) to Dec. 2023 (€158 Mil).


Olympic Steel Accounts Payable & Accrued Expense Historical Data

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

Olympic Steel 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 86.05 99.58 193.28 149.72 158.11

Olympic Steel 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 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 169.13 158.68 168.06 158.11 170.36

Olympic Steel 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.


Olympic Steel (FRA:OYS) Business Description

Industry
Traded in Other Exchanges
Address
22901 Millcreek Boulevard, Suite 650, Highland Hills, OH, USA, 44122
Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.

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