Skanska AB (Skanska AB) Accounts Payable & Accrued Expense : $4,256 Mil (As of Mar. 2024)

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What is Skanska AB Accounts Payable & Accrued Expense?

Skanska AB's quarterly accounts payable & accrued expense declined from Sep. 2023 ($4,027 Mil) to Dec. 2023 ($2,138 Mil) but then increased from Dec. 2023 ($2,138 Mil) to Mar. 2024 ($4,256 Mil).

Skanska AB's annual accounts payable & accrued expense declined from Dec. 2021 ($2,243 Mil) to Dec. 2022 ($2,223 Mil) and declined from Dec. 2022 ($2,223 Mil) to Dec. 2023 ($2,138 Mil).

Skanska AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Skanska AB'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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Skanska AB Accounts Payable & Accrued Expense Chart

Skanska AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,086.24

4,029.01

2,243.11

2,222.68

2,137.83

Skanska AB 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															4,094.00	3,870.52	4,026.87	2,137.83	4,255.76

Skanska AB 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.

Skanska AB (Skanska AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Skanska AB (OTCPK:SKSBF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SKBSY:USA SKA B:Sweden SKABs:UK 0HBT:UK SKNB:Germany SKAB:Czech Republic

Address

Warfvinges vag 25, Stockholm, SWE, 112 74

Website

https://www.group.skanska.com

Skanska AB is one of the world's construction and project development companies. It develops properties and structures in the Nordic region, North America, and elsewhere. The company uses its skills and expertise to develop highways, bridges, mass transit, houses, and logistic centers. Skanska operates in business segments: construction (the majority of total revenue), residential development, commercial property development. It earns contracts and exploits local knowledge of markets, customers, and suppliers to meet clients' needs. Projects range from simple to highly technical and are driven by urbanization in the designated regions. The majority of revenue derives from Europe.