Microchip Technology (Microchip Technology) Accounts Payable & Accrued Expense : $557 Mil (As of Dec. 2023)

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What is Microchip Technology Accounts Payable & Accrued Expense?

Microchip Technology's quarterly accounts payable & accrued expense declined from Jun. 2023 ($788 Mil) to Sep. 2023 ($634 Mil) and declined from Sep. 2023 ($634 Mil) to Dec. 2023 ($557 Mil).

Microchip Technology's annual accounts payable & accrued expense increased from Mar. 2021 ($530 Mil) to Mar. 2022 ($743 Mil) and increased from Mar. 2022 ($743 Mil) to Mar. 2023 ($838 Mil).

Microchip Technology Accounts Payable & Accrued Expense Historical Data

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

Microchip Technology Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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513.60

493.60

529.50

743.40

837.90

Microchip Technology 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															812.80	837.90	787.70	634.20	557.30

Microchip Technology 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.

Microchip Technology (Microchip Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Microchip Technology Inc (NAS:MCHP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

1MCHP:Italy MCP:Germany MCP:Germany MCP:Germany M1CH34:Brazil MCHP:Austria

Address

2355 West Chandler Boulevard, Chandler, AZ, USA, 85224-6199

Website

https://www.microchip.com

Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.

Executives

James Eric Bjornholt	officer: VP and CFO	MICROCHIP TECHNOLOGY INCORPORATED, 2355 WEST CHANDLER BOULEVARD, CHANDLER AZ 85224-6199
Karlton D Johnson	director	C/O MICROCHIP TECHNOLOGY INCORPORATED, 2355 W. CHANDLER BOULEVARD, CHANDLER AZ 85224-6199
Matthew W Chapman	director	400 SW SIXTH AVENUE, SUITE 200, PORTLAND OR 97204
Robert A. Rango	director	5300 CALIFORNIA AVENUE, IRVINE CA 92617
Richard J Simoncic	officer: VP, Microperipheral Prod Div	2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Mitchell R Little	officer: VP, WW Sales and Appns.	2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Ganesh Moorthy	officer: VP, MCU and Auto. Div.	MICROCHIP, 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Steve Sanghi	director, officer: President, CEO, Chairman	2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Wade F Meyercord	director	2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Stephen V Drehobl	officer: VP, Security, MCU & Tech Div.
L B Day	director	2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Karen Marie Rapp	director	C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Esther Johnson	director	8731 S 600 W, CLAYPOOL IN 46510
Hugo Martinez Albert J	director	2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
David S Lambert	officer: VP, Fab Operations	2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199