Gerdau (BSP:GGBR4) Current Accrued Expense : R$603 Mil (As of Mar. 2024)

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What is Gerdau Current Accrued Expense?

Gerdau's Current Accrued Expense for the quarter that ended in Mar. 2024 was R$603 Mil.

Gerdau's quarterly Current Accrued Expense increased from Sep. 2023 (R$789 Mil) to Dec. 2023 (R$846 Mil) but then declined from Dec. 2023 (R$846 Mil) to Mar. 2024 (R$603 Mil).

Gerdau's annual Current Accrued Expense declined from Dec. 2021 (R$1,199 Mil) to Dec. 2022 (R$1,056 Mil) and declined from Dec. 2022 (R$1,056 Mil) to Dec. 2023 (R$846 Mil).

Gerdau Current Accrued Expense Historical Data

The historical data trend for Gerdau's Current 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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Gerdau Current Accrued Expense Chart

Gerdau Annual Data

Trend

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Dec23

Current Accrued Expense

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479.69

591.65

1,199.14

1,056.33

845.85

Gerdau Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Current Accrued Expense	Get a 7-Day Free Trial															501.73	667.99	789.12	845.85	602.92

Gerdau Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Gerdau Current Accrued Expense Related Terms

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Gerdau (BSP:GGBR4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Gerdau SA (BSP:GGBR4) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

GGB:USA GGBN:Mexico XGGB:Spain GDUB:Germany GDUA:Germany GDUB:Germany GDUA:Germany GGBR3:Brazil GGB:Argentina

Address

Avenida Dra. Ruth Cardoso, 8,501 - 8th Floor, Sao Paulo, SP, BRA, 05425-070

Website

https://www.gerdau.com

Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as nails, rebar, columns, billets, slabs, tribar tutor, mechanical construction bars, reinforced steel locks. The company's geographical segment includes Brazil Operations; North America Operations; South America Operations as well as Special Steel Operations. It derives most of the revenue from the Brazil Operations segment.

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