SKAN Group AG (LTS:0SKN) Accounts Payable & Accrued Expense : CHF29.1 Mil (As of Dec. 2023)

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What is SKAN Group AG Accounts Payable & Accrued Expense?

SKAN Group AG's quarterly accounts payable & accrued expense declined from Dec. 2022 (CHF32.9 Mil) to Jun. 2023 (CHF28.7 Mil) but then increased from Jun. 2023 (CHF28.7 Mil) to Dec. 2023 (CHF29.1 Mil).

SKAN Group AG's annual accounts payable & accrued expense increased from Dec. 2021 (CHF15.9 Mil) to Dec. 2022 (CHF32.9 Mil) but then declined from Dec. 2022 (CHF32.9 Mil) to Dec. 2023 (CHF29.1 Mil).

SKAN Group AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for SKAN Group AG'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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SKAN Group AG Accounts Payable & Accrued Expense Chart

SKAN Group AG Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

29.32

15.88

32.90

29.14

SKAN Group AG Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			15.88	14.80	32.90	28.68	29.14

SKAN Group AG 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.

SKAN Group AG (LTS:0SKN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » SKAN Group AG (LTS:0SKN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SKANz:UK SKAN:Switzerland

Address

Kreuzstrasse 5, Allschwil, CHE, 4123

Website

https://www.skan.com

SKAN Group AG is a global market and technological company for isolators, cleanroom devices, and decontamination processes for the aseptic production of biopharmaceutical substances. Its core competency is the design and development of process isolators for the aseptic filling of biopharmaceutical products. The company offer its customers process support, services, and consumables. Its products include biological indicators, isolators, Laboratory/cleanroom equipment, laminar flow, safety workbench, and transfer system.

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