CVD Equipment (FRA:0V3) Accounts Payable & Accrued Expense : €3.21 Mil (As of Mar. 2024)

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What is CVD Equipment Accounts Payable & Accrued Expense?

CVD Equipment's quarterly accounts payable & accrued expense declined from Sep. 2023 (€2.99 Mil) to Dec. 2023 (€2.72 Mil) but then increased from Dec. 2023 (€2.72 Mil) to Mar. 2024 (€3.21 Mil).

CVD Equipment's annual accounts payable & accrued expense increased from Dec. 2021 (€2.58 Mil) to Dec. 2022 (€3.82 Mil) but then declined from Dec. 2022 (€3.82 Mil) to Dec. 2023 (€2.72 Mil).

CVD Equipment Accounts Payable & Accrued Expense Historical Data

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

CVD Equipment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2.19

1.83

2.58

3.82

2.72

CVD Equipment 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															3.32	2.75	2.99	2.72	3.21

CVD Equipment 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.

CVD Equipment (FRA:0V3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CVD Equipment Corp (FRA:0V3) » Definitions » Accounts Payable & Accrued Expense

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CVV:USA

Address

355 South Technology Drive, Central Islip, NY, USA, 11722

Website

https://www.cvdequipment.com

CVD Equipment Corp is engaged in the manufacturing of chemical vapor deposition equipment, customized gas control systems, the manufacturing of process equipment suitable for the synthesis of a variety of one-dimensional nanostructures and nanomaterials and a line of furnaces, all of which are used to produce semiconductors and other electronic components. The company operates through the segments of CVD Equipment, CVD materials, and Stainless Design Concepts (SDC). It generates maximum revenue from the CVD Equipment segment. The CVD Equipment segment manufactures and sells chemical vapor deposition, physical vapor transport, and similar equipment.

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