Cirrus Logic (LTS:0HYI) Accounts Payable & Accrued Expense : $166 Mil (As of Mar. 2024)

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What is Cirrus Logic Accounts Payable & Accrued Expense?

Cirrus Logic's quarterly accounts payable & accrued expense declined from Sep. 2023 ($165 Mil) to Dec. 2023 ($127 Mil) but then increased from Dec. 2023 ($127 Mil) to Mar. 2024 ($166 Mil).

Cirrus Logic's annual accounts payable & accrued expense declined from Mar. 2022 ($197 Mil) to Mar. 2023 ($156 Mil) but then increased from Mar. 2023 ($156 Mil) to Mar. 2024 ($166 Mil).

Cirrus Logic Accounts Payable & Accrued Expense Historical Data

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

Cirrus Logic Annual Data

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Mar24

Accounts Payable & Accrued Expense

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134.17

171.03

197.40

155.59

165.75

Cirrus Logic 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															155.59	143.18	165.40	127.01	165.75

Cirrus Logic 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.

Cirrus Logic (LTS:0HYI) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Cirrus Logic Inc (LTS:0HYI) » Definitions » Accounts Payable & Accrued Expense

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CRUS:USA CRU:Germany

Address

800 West 6th Street, Austin, TX, USA, 78701

Website

https://www.cirrus.com

Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. The firm's products are organized into two streams: portable audio products, and non-portable audio and other products. These products include analog and mixed-signal components targeting mobile devices, smart homes, and applications in the automotive, energy, and industrial markets. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, and countries across the world.

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