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SMART Global Holdings (FRA:850) Accounts Payable & Accrued Expense : €169 Mil (As of Feb. 2024)


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What is SMART Global Holdings Accounts Payable & Accrued Expense?

SMART Global Holdings's quarterly accounts payable & accrued expense increased from Aug. 2023 (€167 Mil) to Nov. 2023 (€202 Mil) but then declined from Nov. 2023 (€202 Mil) to Feb. 2024 (€169 Mil).

SMART Global Holdings's annual accounts payable & accrued expense declined from Aug. 2021 (€411 Mil) to Aug. 2022 (€349 Mil) and declined from Aug. 2022 (€349 Mil) to Aug. 2023 (€167 Mil).

SMART Global Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for SMART Global Holdings'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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SMART Global Holdings Accounts Payable & Accrued Expense Chart

SMART Global Holdings Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 159.38 214.09 411.49 349.50 166.93

SMART Global Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 211.35 193.32 166.93 202.43 168.73

SMART Global Holdings 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.

SMART Global Holdings (FRA:850) Business Description

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Traded in Other Exchanges
SGH:USA
Address
1390 McCarthy Boulevard, Milpitas, CA, USA, 94560
Website
https://www.sghcorp.com
SMART Global Holdings Inc is a designer and manufacturer of electronic products focused on memory and computing technology areas. It specializes in application-specific product development and support for customers in the enterprise, government and original equipment manufacturer (OEM) markets. It operates in three segments such as Memory Solutions in which Memory Solutions group, under our SMART Modular brand, provides high performance and reliable memory solutions through the design, development and advanced packaging of leading-edge to extended lifecycle products. Intelligent Platform Solutions in their IPS group, under our Penguin Solutions and newly acquired Stratus Technologies brands, offers specialized platform solutions and services for high-performance computing.

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