AdvanSix (FRA:960) Accounts Payable & Accrued Expense : €225 Mil (As of Mar. 2024)

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What is AdvanSix Accounts Payable & Accrued Expense?

AdvanSix's quarterly accounts payable & accrued expense increased from Sep. 2023 (€255 Mil) to Dec. 2023 (€285 Mil) but then declined from Dec. 2023 (€285 Mil) to Mar. 2024 (€225 Mil).

AdvanSix's annual accounts payable & accrued expense increased from Dec. 2021 (€240 Mil) to Dec. 2022 (€304 Mil) but then declined from Dec. 2022 (€304 Mil) to Dec. 2023 (€285 Mil).

AdvanSix Accounts Payable & Accrued Expense Historical Data

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

AdvanSix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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210.62

190.19

239.79

303.58

285.36

AdvanSix 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															236.41	243.18	254.72	285.36	224.92

AdvanSix 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.

AdvanSix (FRA:960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AdvanSix Inc (FRA:960) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ASIX:USA

Address

300 Kimball Drive, Suite 101, Parsippany, NJ, USA, 07054

Website

https://www.advansix.com

AdvanSix Inc. is an integrated manufacturer of Nylon 6, a polymer resin and fertilizers. Nylon 6 is a synthetic material used by customers to produce engineered plastics, fibers, filaments, and films, which in turn are used in such end-products as automotive and electronic components, carpets, sports apparel, fishing nets and food and industrial packaging. In addition, it also sells a variety of other products, all of which are produced as part of the Nylon 6 resin manufacturing process including caprolactam, ammonium sulfate fertilizers, and other chemical intermediates. Geographically, the group operates through the United States and its business is also expanding internationally but it derives the majority of its revenue from the United States region.

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