PT AKRorindo Tbk (PT AKRorindo Tbk) Accounts Payable & Accrued Expense : $570 Mil (As of Mar. 2024)

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What is PT AKRorindo Tbk Accounts Payable & Accrued Expense?

PT AKRorindo Tbk's quarterly accounts payable & accrued expense increased from Sep. 2023 ($632 Mil) to Dec. 2023 ($677 Mil) but then declined from Dec. 2023 ($677 Mil) to Mar. 2024 ($570 Mil).

PT AKRorindo Tbk's annual accounts payable & accrued expense increased from Dec. 2021 ($568 Mil) to Dec. 2022 ($617 Mil) and increased from Dec. 2022 ($617 Mil) to Dec. 2023 ($677 Mil).

PT AKRorindo Tbk Accounts Payable & Accrued Expense Historical Data

The historical data trend for PT AKRorindo Tbk'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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PT AKRorindo Tbk Accounts Payable & Accrued Expense Chart

PT AKRorindo Tbk Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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445.36

250.93

567.67

616.79

677.48

PT AKRorindo Tbk 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															390.67	411.94	632.32	677.48	569.55

PT AKRorindo Tbk 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.

PT AKRorindo Tbk (PT AKRorindo Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PT AKR Corporindo Tbk (OTCPK:PKCPY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

AKRA:Indonesia

Address

Jalan Panjang No. 5 Kebon Jeruk, AKR Tower, 26th Floor, Jakarta Barat, Jakarta, IDN, 11530

Website

https://www.akr.co.id

PT AKR Corporindo Tbk is engaged in chemicals distribution. The company has four segments. The Trading and distribution segment, which accounts for most of the total revenue, distributes industrial and retail petroleum products, other basic chemicals, and lubricants for the industrial, marine, mining, and commercial vehicles sectors. The Logistics Services segment provides various kinds of logistics services such as rental of storage tanks and warehouses, bagging, port handling, and transportation services mainly for liquid and solid chemical and petroleum products in Indonesia. The Manufacturing segment makes adhesive materials. The Industrial estate segments comprise sales and leases of industrial estate land, sales of electricity, and other related services to tenants of the estate.

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