Elma Electronic AG (XSWX:ELMN) Accounts Payable & Accrued Expense : CHF13.8 Mil (As of Dec. 2023)

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What is Elma Electronic AG Accounts Payable & Accrued Expense?

Elma Electronic AG's quarterly accounts payable & accrued expense increased from Dec. 2022 (CHF11.9 Mil) to Jun. 2023 (CHF14.0 Mil) but then declined from Jun. 2023 (CHF14.0 Mil) to Dec. 2023 (CHF13.8 Mil).

Elma Electronic AG's annual accounts payable & accrued expense increased from Dec. 2021 (CHF11.3 Mil) to Dec. 2022 (CHF11.9 Mil) and increased from Dec. 2022 (CHF11.9 Mil) to Dec. 2023 (CHF13.8 Mil).

Elma Electronic AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Elma Electronic 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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Elma Electronic AG Accounts Payable & Accrued Expense Chart

Elma Electronic AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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11.74

10.57

11.30

11.90

13.75

Elma Electronic AG 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															11.30	9.47	11.90	14.01	13.75

Elma Electronic 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.

Elma Electronic AG (XSWX:ELMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Elma Electronic AG (XSWX:ELMN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Hofstrasse 93, Wetzikon, CHE, 8620

Website

http://www.elma.com

Elma Electronic AG is a Switzerland-based company. It acts as a manufacturer of electronic packaging products for the embedded systems market from components, backplanes, storage boards and chassis platforms to fully integrated systems. The product line of the company includes embedded boards such as mass storage, ethernet and PCIe switches, architecture solutions, embedded computing systems, system accessories, and rack level services. It also offers engineering services, contract manufacturing, system integration, customization and other services.

Elma Electronic AG (XSWX:ELMN) Headlines

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