SMA Solar Technology AG (XTER:S92) Accounts Payable & Accrued Expense : €305 Mil (As of Mar. 2024)

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What is SMA Solar Technology AG Accounts Payable & Accrued Expense?

SMA Solar Technology AG's quarterly accounts payable & accrued expense increased from Sep. 2023 (€303 Mil) to Dec. 2023 (€319 Mil) but then declined from Dec. 2023 (€319 Mil) to Mar. 2024 (€305 Mil).

SMA Solar Technology AG's annual accounts payable & accrued expense declined from Dec. 2021 (€141 Mil) to Dec. 2022 (€138 Mil) but then increased from Dec. 2022 (€138 Mil) to Dec. 2023 (€319 Mil).

SMA Solar Technology AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for SMA Solar Technology 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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SMA Solar Technology AG Accounts Payable & Accrued Expense Chart

SMA Solar Technology AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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177.88

150.86

140.66

137.61

319.49

SMA Solar Technology AG 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															188.12	247.22	302.90	319.49	305.44

SMA Solar Technology 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.

SMA Solar Technology AG (XTER:S92) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SMA Solar Technology AG (XTER:S92) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SMTGY:USA SMTGF:USA 1S:Italy S92d:UK 0NIF:UK S92:Austria

Address

Sonnenallee 1, Niestetal, DEU, 34266

Website

https://www.sma.de

SMA Solar Technology AG produces, develops, and sells photovoltaic (PV) inverters and other technologies. It operates through several businesses that include Residential, Commercial, Utility, Off-Grid and Storage, and Service. The company's PV inverters convert direct currents from the module into alternating currents. Depending on demand, it is consumed directly into the home, stored, or fed into the utility grid. In SMA's primary business units it provides small PV systems for private applications to residential markets and medium-sized PV systems for commercial application. Utility clients are offered large-scale PV power plants in addition to grid service and monitoring functions.

Executives

Dr. Jürgen Reinert	Board of Directors
Uwe Kleinkauf	Supervisory Board
Barbara Gregor	Board of Directors

SMA Solar Technology AG (XTER:S92) Headlines

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