Standard Motor Products (FRA:SRU) Accounts Payable & Accrued Expense : €271 Mil (As of Mar. 2024)

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What is Standard Motor Products Accounts Payable & Accrued Expense?

Standard Motor Products's quarterly accounts payable & accrued expense declined from Sep. 2023 (€301 Mil) to Dec. 2023 (€274 Mil) and declined from Dec. 2023 (€274 Mil) to Mar. 2024 (€271 Mil).

Standard Motor Products's annual accounts payable & accrued expense declined from Dec. 2021 (€308 Mil) to Dec. 2022 (€253 Mil) but then increased from Dec. 2022 (€253 Mil) to Dec. 2023 (€274 Mil).

Standard Motor Products Accounts Payable & Accrued Expense Historical Data

The historical data trend for Standard Motor Products'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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Standard Motor Products Accounts Payable & Accrued Expense Chart

Standard Motor Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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219.31

240.41

307.94

253.09

274.40

Standard Motor Products 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															246.40	267.45	300.70	274.40	270.65

Standard Motor Products 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.

Standard Motor Products (FRA:SRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Standard Motor Products Inc (FRA:SRU) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SMP:USA

Address

37-18 Northern Boulevard, Long Island City, NY, USA, 11101

Website

https://www.smpcorp.com

Standard Motor Products Inc is a manufacturer and distributor of premium automotive parts used in the maintenance, service, and repair of vehicles in the automotive aftermarket industry. It operates into three business segments namely Engineered Solutions, Vehicle Control, and Temperature Control. The company focuses on the original equipment and original equipment services markets, with a product lineup of replacement parts for engine management ignition, emission, and fuel systems, as well as temperature-control products. The company operates majorly in the United States, with additional sales in Canada, Europe, Asia, Mexico, and other Latin American countries.