Orlen (WAR:PKN) Accounts Payable & Accrued Expense : zł42,216 Mil (As of Mar. 2024)

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What is Orlen Accounts Payable & Accrued Expense?

Orlen's quarterly accounts payable & accrued expense declined from Sep. 2023 (zł43,478 Mil) to Dec. 2023 (zł29,364 Mil) but then increased from Dec. 2023 (zł29,364 Mil) to Mar. 2024 (zł42,216 Mil).

Orlen's annual accounts payable & accrued expense increased from Dec. 2021 (zł16,713 Mil) to Dec. 2022 (zł41,870 Mil) but then declined from Dec. 2022 (zł41,870 Mil) to Dec. 2023 (zł29,364 Mil).

Orlen Accounts Payable & Accrued Expense Historical Data

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

Orlen Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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15,256.00

10,291.00

16,713.00

41,870.00

29,364.00

Orlen 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															54,006.00	45,849.00	43,478.00	29,364.00	42,216.00

Orlen 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.

Orlen (WAR:PKN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Orlen SA (WAR:PKN) » Definitions » Accounts Payable & Accrued Expense

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PSKOF:USA 0FMN:UK PKY1:Germany PKN:Czech Republic

Address

Chemikow 7 Street, Plock, POL, 09-411

Website

https://www.orlen.pl

Orlen SA is an energy conglomerate that refines and distributes oil in Poland, the Czech Republic, Germany, and Lithuania. Through a group of refineries, it processes crude oil into gasoline, diesel oil, fuel oil, and aviation fuel. The company also produces petrochemicals and products used by chemical companies as feedstock. Additional operations include exploration and production activities in Poland, where it is domiciled, and Canada. Oil products are offered through thousands of service stations, which is supported by logistics infrastructure. This infrastructure includes surface and underground storage depots and a long-distance pipeline network.