Sonova Holding AG (Sonova Holding AG) Accounts Payable & Accrued Expense : $364 Mil (As of Sep. 2023)

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What is Sonova Holding AG Accounts Payable & Accrued Expense?

Sonova Holding AG's quarterly accounts payable & accrued expense increased from Sep. 2022 ($342 Mil) to Mar. 2023 ($495 Mil) but then declined from Mar. 2023 ($495 Mil) to Sep. 2023 ($364 Mil).

Sonova Holding AG's annual accounts payable & accrued expense increased from Mar. 2021 ($308 Mil) to Mar. 2022 ($515 Mil) but then declined from Mar. 2022 ($515 Mil) to Mar. 2023 ($495 Mil).

Sonova Holding AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sonova Holding 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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Sonova Holding AG Accounts Payable & Accrued Expense Chart

Sonova Holding AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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316.04

346.09

307.70

514.63

494.54

Sonova Holding AG Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															243.07	514.63	342.34	494.54	364.05

Sonova Holding 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.

Sonova Holding AG (Sonova Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sonova Holding AG (OTCPK:SONVY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SONVF:USA SOONz:UK 0QPY:UK PHBA:Germany SOON:Switzerland

Address

Laubisrutistrasse 28, Stafa, CHE, CH-8712

Website

https://www.sonova.com

Sonova is one of the world's largest manufacturers and distributors of hearing aids. The company is based in Switzerland and distributes its products in more than 100 countries through its internal sales team and independent retailers. It also sells cochlear implants through its advanced bionics subsidiary and recently acquired Sennheiser's consumer division to expand into audio technologies.