Mynaric AG (FRA:M0YN) Accounts Payable & Accrued Expense : €17.10 Mil (As of Dec. 2023)

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What is Mynaric AG Accounts Payable & Accrued Expense?

Mynaric AG's quarterly accounts payable & accrued expense increased from Dec. 2022 (€9.72 Mil) to Jun. 2023 (€10.11 Mil) and increased from Jun. 2023 (€10.11 Mil) to Dec. 2023 (€17.10 Mil).

Mynaric AG's annual accounts payable & accrued expense increased from Dec. 2021 (€8.40 Mil) to Dec. 2022 (€9.72 Mil) and increased from Dec. 2022 (€9.72 Mil) to Dec. 2023 (€17.10 Mil).

Mynaric AG Accounts Payable & Accrued Expense Historical Data

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

Mynaric AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2.46

5.13

8.40

9.72

17.10

Mynaric AG Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								8.40	10.20	9.72	10.11	17.10

Mynaric 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.

Mynaric AG (FRA:M0YN) Business Description

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Traded in Other Exchanges

MYNA:USA MOYFF:USA M0YN:Germany

Address

Dornierstrasse 19, Gilching, BY, DEU, 82205

Website

https://www.mynaric.com

Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The space segment comprises CONDOR terminals, and the Air segment comprises HAWK terminal. The company's product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high-altitude networks, remote eye, satellite constellations, earth observation satellites, and others. Geographically, the majority is from the United States.

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