Advanced Drainage Systems (FRA:6DA) Accounts Payable & Accrued Expense : €363 Mil (As of Mar. 2024)

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What is Advanced Drainage Systems Accounts Payable & Accrued Expense?

Advanced Drainage Systems's quarterly accounts payable & accrued expense declined from Sep. 2023 (€378 Mil) to Dec. 2023 (€352 Mil) but then increased from Dec. 2023 (€352 Mil) to Mar. 2024 (€363 Mil).

Advanced Drainage Systems's annual accounts payable & accrued expense increased from Mar. 2022 (€272 Mil) to Mar. 2023 (€319 Mil) and increased from Mar. 2023 (€319 Mil) to Mar. 2024 (€363 Mil).

Advanced Drainage Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for Advanced Drainage Systems'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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Advanced Drainage Systems Accounts Payable & Accrued Expense Chart

Advanced Drainage Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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152.86

202.34

272.11

318.68

362.50

Advanced Drainage Systems 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															318.68	364.89	377.82	352.13	362.50

Advanced Drainage Systems 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.

Advanced Drainage Systems (FRA:6DA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Advanced Drainage Systems Inc (FRA:6DA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

WMS:USA 6DA:Germany

Address

4640 Trueman Boulevard, Hilliard, OH, USA, 43026

Website

https://www.adspipe.com

Advanced Drainage Systems Inc is engaged in designing, manufacturing, and marketing thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The company's operating segment includes Pipe; Infiltrator; International and Allied Products and Other. It generates maximum revenue from the Pipe segment. The company serves Agriculture; Aviation and Military; Mining; Residential; Transportation; Healthcare and Education and others.

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