AudioCodes (AudioCodes) Accounts Payable & Accrued Expense : $18.2 Mil (As of Dec. 2023)

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What is AudioCodes Accounts Payable & Accrued Expense?

AudioCodes's quarterly accounts payable & accrued expense declined from Jun. 2023 ($42.8 Mil) to Sep. 2023 ($41.7 Mil) and declined from Sep. 2023 ($41.7 Mil) to Dec. 2023 ($18.2 Mil).

AudioCodes's annual accounts payable & accrued expense increased from Dec. 2021 ($21.7 Mil) to Dec. 2022 ($23.8 Mil) but then declined from Dec. 2022 ($23.8 Mil) to Dec. 2023 ($18.2 Mil).

AudioCodes Accounts Payable & Accrued Expense Historical Data

The historical data trend for AudioCodes'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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AudioCodes Accounts Payable & Accrued Expense Chart

AudioCodes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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16.14

15.62

21.70

23.80

18.19

AudioCodes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															23.80	46.38	42.77	41.70	18.19

AudioCodes 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.

AudioCodes (AudioCodes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AudioCodes Ltd (NAS:AUDC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AUDC:Israel AU1:Germany

Address

1 Hayarden Street, Airport City Lod, Tel Aviv, ISR, 7019900

Website

https://www.audiocodes.com

AudioCodes Ltd develops and sells advanced and converged voice over IP and data networking solutions, products and applications to service providers and channels, OEMs, network equipment providers and system integrators. Its products include IP phones, session border controllers, voice applications, multi-service business routers, digital and analog media gateways, among others. The company generates revenues from the sale of products through a direct sales force and sales representatives. Its geographic segments are Israel, Americas, Europe, and the Far East. It derives a majority of the revenues from Americas segment.

Executives

George Soros	10 percent owner	C/O SOROS FUND MANAGEMENT LLC, 250 WEST 55TH STREET, FLOOR 29, NEW YORK NY 10019
Soros Fund Management Llc	10 percent owner	250 WEST 55TH STREET, FLOOR 29, NEW YORK NY 10019
Robert Soros	10 percent owner	C/O SOROS FUND MANAGEMENT LLC, 250 WEST 55TH STREET, FLOOR 38, NEW YORK NY 10019
Soros Jonathan T Allan	10 percent owner	C/O JS CAPITAL MANAGEMENT LLC, 888 SEVENTH AVENUE, FLOOR 40, NEW YORK NY 10106