SIG Group AG (XSWX:SIGN) Accounts Payable & Accrued Expense : CHF845 Mil (As of Dec. 2023)

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What is SIG Group AG Accounts Payable & Accrued Expense?

SIG Group AG's quarterly accounts payable & accrued expense declined from Dec. 2022 (CHF934 Mil) to Jun. 2023 (CHF858 Mil) and declined from Jun. 2023 (CHF858 Mil) to Dec. 2023 (CHF845 Mil).

SIG Group AG's annual accounts payable & accrued expense increased from Dec. 2021 (CHF737 Mil) to Dec. 2022 (CHF934 Mil) but then declined from Dec. 2022 (CHF934 Mil) to Dec. 2023 (CHF845 Mil).

SIG Group AG Accounts Payable & Accrued Expense Historical Data

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

SIG Group AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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584.98

582.00

737.22

933.87

844.81

SIG Group AG Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								737.22	799.03	933.87	857.67	844.81

SIG 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.

SIG Group AG (XSWX:SIGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » SIG Group AG (XSWX:SIGN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SIGCY:USA SCBGF:USA SIGNz:UK 0P4G:UK

Address

Laufengasse 18, Neuhausen am Rheinfall, CHE, 8212

Website

https://www.sig.biz

SIG Group AG is a systems and solutions provider for aseptic carton packaging solutions, comprising filling machines, sleeves, and closures as well as after-market services. Its geographical segments include Europe, the Middle East and Africa (MEA), Asia Pacific (APAC), and the Americas. It generates maximum revenue from the Europe segment. The company offers packaging solutions for the beverages and food industry.

SIG Group AG (XSWX:SIGN) Headlines

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