Insteel Industries (FRA:HZ8) Accounts Payable & Accrued Expense : €27.7 Mil (As of Mar. 2024)

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What is Insteel Industries Accounts Payable & Accrued Expense?

Insteel Industries's quarterly accounts payable & accrued expense declined from Sep. 2023 (€41.6 Mil) to Dec. 2023 (€28.5 Mil) and declined from Dec. 2023 (€28.5 Mil) to Mar. 2024 (€27.7 Mil).

Insteel Industries's annual accounts payable & accrued expense increased from Sep. 2021 (€56.8 Mil) to Sep. 2022 (€61.2 Mil) but then declined from Sep. 2022 (€61.2 Mil) to Sep. 2023 (€41.6 Mil).

Insteel Industries Accounts Payable & Accrued Expense Historical Data

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

Insteel Industries Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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25.31

44.53

56.80

61.19

41.61

Insteel Industries 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															40.97	45.41	41.61	28.53	27.71

Insteel Industries 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.

Insteel Industries (FRA:HZ8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Insteel Industries Inc (FRA:HZ8) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

IIIN:USA

Address

1373 Boggs Drive, Mount Airy, NC, USA, 27030

Website

https://www.insteel.com

Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.

Insteel Industries (FRA:HZ8) Headlines

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