Cadence Design Systems (BSP:C1DN34) Current Accrued Expense : R$2,274 Mil (As of Mar. 2024)

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What is Cadence Design Systems Current Accrued Expense?

Cadence Design Systems's Current Accrued Expense for the quarter that ended in Mar. 2024 was R$2,274 Mil.

Cadence Design Systems's quarterly Current Accrued Expense declined from Sep. 2023 (R$2,955 Mil) to Dec. 2023 (R$2,286 Mil) and declined from Dec. 2023 (R$2,286 Mil) to Mar. 2024 (R$2,274 Mil).

Cadence Design Systems's annual Current Accrued Expense increased from Dec. 2021 (R$1,997 Mil) to Dec. 2022 (R$2,389 Mil) but then declined from Dec. 2022 (R$2,389 Mil) to Dec. 2023 (R$2,286 Mil).

Cadence Design Systems Current Accrued Expense Historical Data

The historical data trend for Cadence Design Systems's Current 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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Cadence Design Systems Current Accrued Expense Chart

Cadence Design Systems Annual Data

Trend

Dec14

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Dec16

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Dec18

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Dec20

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Dec23

Current Accrued Expense

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1,300.75

1,656.92

1,997.12

2,389.16

2,286.12

Cadence Design Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Current Accrued Expense	Get a 7-Day Free Trial															2,240.40	2,475.42	2,954.63	2,286.12	2,273.82

Cadence Design Systems Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Cadence Design Systems Current Accrued Expense Related Terms

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Cadence Design Systems (BSP:C1DN34) Business Description

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Address

2655 Seely Avenue, Building 5, San Jose, CA, USA, 95134

Website

https://www.cadence.com

Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.

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