Pax Global Technology (FRA:P8X) Accounts Payable & Accrued Expense : €119.0 Mil (As of Dec. 2023)

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What is Pax Global Technology Accounts Payable & Accrued Expense?

Pax Global Technology's quarterly accounts payable & accrued expense declined from Dec. 2022 (€226.1 Mil) to Jun. 2023 (€190.6 Mil) and declined from Jun. 2023 (€190.6 Mil) to Dec. 2023 (€119.0 Mil).

Pax Global Technology's annual accounts payable & accrued expense increased from Dec. 2021 (€202.4 Mil) to Dec. 2022 (€226.1 Mil) but then declined from Dec. 2022 (€226.1 Mil) to Dec. 2023 (€119.0 Mil).

Pax Global Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pax Global 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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Pax Global Technology Accounts Payable & Accrued Expense Chart

Pax Global Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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182.41

166.74

202.37

226.07

119.03

Pax Global Technology Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															202.37	293.14	226.07	190.60	119.03

Pax Global 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.

Pax Global Technology (FRA:P8X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pax Global Technology Ltd (FRA:P8X) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

PXGYF:USA 00327:Hong Kong

Address

30 Harbour Road, 25th Floor, Room 2504, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG

Website

https://www.paxglobal.com.hk

Pax Global Technology Ltd sells a variety of electronic payment devices. The company's products can be organized into three categories based on product type. The E-payment terminals, which generate the majority of revenue, are wireless handheld devices that enable users to pay through the swipe through or insert of a credit or debit card. The E-payment terminals are used by restaurants and retailers. The consumer activated devices are used to support a variety of connection options for the E-payment terminals. Contactless devices enable users to pay without having to swipe or insert a card.

Pax Global Technology (FRA:P8X) Headlines

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