Flex (FLEX) Accounts Payable & Accrued Expense : $5,805 Mil (As of Dec. 2023)

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What is Flex Accounts Payable & Accrued Expense?

Flex's quarterly accounts payable & accrued expense declined from Jun. 2023 ($6,364 Mil) to Sep. 2023 ($6,228 Mil) and declined from Sep. 2023 ($6,228 Mil) to Dec. 2023 ($5,805 Mil).

Flex's annual accounts payable & accrued expense increased from Mar. 2021 ($5,720 Mil) to Mar. 2022 ($6,724 Mil) but then declined from Mar. 2022 ($6,724 Mil) to Mar. 2023 ($6,452 Mil).

Flex Accounts Payable & Accrued Expense Historical Data

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

Flex Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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5,538.83

5,472.00

5,720.00

6,724.00

6,452.00

Flex Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7,132.00	6,452.00	6,364.00	6,228.00	5,805.00

Flex 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.

Flex (FLEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Flex Ltd (NAS:FLEX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

FLEX:Mexico FXI:Germany FXI:Germany

Address

2 Changi South Lane, Singapore, SGP, 486123

Website

https://www.flex.com

Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product management services to global electronics and technology companies. The company's operating segments include Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. Flex Agility Solutions segment includes markets such as Communications, Enterprise and Cloud; Lifestyle; and Consumer Devices. Flex Reliability Solutions segment includes markets such as Automotive, Health Solutions, and Industrial. The Nextracker segment provides solar tracker technologies that optimize and increase energy production. The company's geographical segments include China, Mexico, the United States, Brazil, Malaysia, Hungary, and Others.

Executives

Erin Mcsweeney	director	EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
David Scott Offer	officer: EVP, General Counsel	6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Paul Lundstrom	officer: Chief Financial Officer	222 N. SEPULVEDA BLVD., SUITE 500, EL SEGUNDO CA 90245
Revathi Advaithi	director, officer: Chief Executive Officer	EATON HOUSE, 30 PEMBROKE ROAD, DUBLIN 4 L2 -
Kwang Hooi Tan	officer: Group President	6201 AMERICA CENTER DRIVE, ATTN: LEGAL, SAN JOSE CA 95002
Michael P Hartung	officer: President, Agility Solutions	6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Daniel Wendler	officer: Chief Accounting Officer	6201 AMERICA CENTER DRIVE, ATTN: LEGAL, SAN JOSE CA 95002
Rebecca Sidelinger	officer: Group President	6201 AMERICA CENTER DRIVE, ATTN: LEGAL, SAN JOSE CA 95002
Stevens Charles K. Iii	director	300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Maryrose Sylvester	director	C/O 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
Pat Ward	director	500 JACKSON STREET, COLUMBUS IN 47201
Francois Barbier	officer: President, Global Operations	ONE MARINA BOULEVARD, #28-00, SINGAPORE U0 018989
David P Bennett	officer: Chief Accounting Officer	3616 NICOLE AVE, PLEASANTON CA 94588
Todd Fruchterman	officer: Pres, Reliability Solutions	C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
John D Harris	director	C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002