Palfinger AG (FRA:PFI) Accounts Payable & Accrued Expense : €261 Mil (As of Dec. 2023)

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What is Palfinger AG Accounts Payable & Accrued Expense?

Palfinger AG's quarterly accounts payable & accrued expense increased from Dec. 2022 (€265 Mil) to Jun. 2023 (€428 Mil) but then declined from Jun. 2023 (€428 Mil) to Dec. 2023 (€261 Mil).

Palfinger AG's annual accounts payable & accrued expense increased from Dec. 2021 (€231 Mil) to Dec. 2022 (€265 Mil) but then declined from Dec. 2022 (€265 Mil) to Dec. 2023 (€261 Mil).

Palfinger AG Accounts Payable & Accrued Expense Historical Data

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

Palfinger AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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170.60

154.17

231.39

265.08

260.80

Palfinger AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															231.39	430.84	265.08	428.08	260.80

Palfinger 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.

Palfinger AG (FRA:PFI) Business Description

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0MJ1:UK PAL:Austria

Address

Lamprechtshausener Bundesstrasse 8, Bergheim, AUT, 5101

Website

https://www.palfinger.ag

Palfinger is an Austrian manufacturing company that offers cranes, forklifts, truck bodies, and lifting equipment for land and water vehicles. Palfinger has two operating segments: Sales & Service and Segment Operations. Segment sales & service comprises the sales and service units. The segment operations comprise the production sites and the respective production share of the company. It earns the majority of revenue from the sales & service segment. Palfinger sells its products worldwide but segments geographically into six regions: Europe, Middle East, & Africa; North America; Latin America; Eurasia; Asia-Pacific; and Marine. Business in Europe, the Middle East, & the Africa region generates the majority of the company's revenue.