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Granite Construction (STU:GRG) Accounts Payable & Accrued Expense : €470 Mil (As of Mar. 2024)


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What is Granite Construction Accounts Payable & Accrued Expense?

Granite Construction's quarterly accounts payable & accrued expense declined from Sep. 2023 (€595 Mil) to Dec. 2023 (€516 Mil) and declined from Dec. 2023 (€516 Mil) to Mar. 2024 (€470 Mil).

Granite Construction's annual accounts payable & accrued expense declined from Dec. 2021 (€567 Mil) to Dec. 2022 (€464 Mil) but then increased from Dec. 2022 (€464 Mil) to Dec. 2023 (€516 Mil).


Granite Construction Accounts Payable & Accrued Expense Historical Data

The historical data trend for Granite Construction'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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Granite Construction Accounts Payable & Accrued Expense Chart

Granite Construction 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 552.32 453.33 567.34 463.99 516.33

Granite Construction 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 422.14 499.91 595.15 516.33 469.83

Granite Construction 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.


Granite Construction (STU:GRG) Business Description

Industry
Traded in Other Exchanges
Address
585 West Beach Street, Watsonville, CA, USA, 95076
Granite Construction Inc engages in the construction and development of various infrastructure projects on behalf of public and private clients in the United States. It focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, and bridges. In addition, the company performs site preparation and infrastructure services for residential development, energy development, and other facilities. The majority of revenue is derived from the company's construction operating segment, with the remainder derived from its materials segment.

Granite Construction (STU:GRG) Headlines

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