Ascent Industries Co (FRA:SY4) Accounts Payable & Accrued Expense : €23.3 Mil (As of Mar. 2024)

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What is Ascent Industries Co Accounts Payable & Accrued Expense?

Ascent Industries Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (€29.4 Mil) to Dec. 2023 (€19.3 Mil) but then increased from Dec. 2023 (€19.3 Mil) to Mar. 2024 (€23.3 Mil).

Ascent Industries Co's annual accounts payable & accrued expense declined from Dec. 2021 (€38.9 Mil) to Dec. 2022 (€18.0 Mil) but then increased from Dec. 2022 (€18.0 Mil) to Dec. 2023 (€19.3 Mil).

Ascent Industries Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ascent Industries Co'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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Ascent Industries Co Accounts Payable & Accrued Expense Chart

Ascent Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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23.47

20.58

38.86

18.04

19.29

Ascent Industries Co 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															31.59	25.61	29.39	19.29	23.34

Ascent Industries Co 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.

Ascent Industries Co (FRA:SY4) Business Description

Industry

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ACNT:USA

Address

1400 16th Street, Suite 270, Oak Brook, IL, USA, 60523

Website

https://www.ascentco.com

Ascent Industries Co is engaged in the chemical and metal industry. The group operates into two reportable segments namely the Ascent Tubular Products and the Specialty Chemicals Segment. The Tubular Products segment serves markets through pipe and tube and customers in the appliance, architectural, automotive and commercial transportation, brewery, chemical, petrochemical and other industries. The Specialty Chemicals segment produces specialty products for the pulp and paper, coatings, adhesives, sealants and elastomers (CASE), textile, automotive, household and other industries. It manufactures welded pipe and tube, majorly from stainless steel, duplex, and nickel alloys. The company also produces specialty chemicals and dyes used in various end markets.

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