Twin Disc (FRA:TWN) Accounts Payable & Accrued Expense : €88.9 Mil (As of Mar. 2024)

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What is Twin Disc Accounts Payable & Accrued Expense?

Twin Disc's quarterly accounts payable & accrued expense increased from Sep. 2023 (€84.5 Mil) to Dec. 2023 (€87.6 Mil) and increased from Dec. 2023 (€87.6 Mil) to Mar. 2024 (€88.9 Mil).

Twin Disc's annual accounts payable & accrued expense increased from Jun. 2021 (€51.2 Mil) to Jun. 2022 (€56.9 Mil) and increased from Jun. 2022 (€56.9 Mil) to Jun. 2023 (€67.8 Mil).

Twin Disc Accounts Payable & Accrued Expense Historical Data

The historical data trend for Twin Disc'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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Twin Disc Accounts Payable & Accrued Expense Chart

Twin Disc Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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49.08

41.69

51.18

56.94

67.80

Twin Disc 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															80.90	67.80	84.53	87.61	88.91

Twin Disc 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.

Twin Disc (FRA:TWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Twin Disc Inc (FRA:TWN) » Definitions » Accounts Payable & Accrued Expense

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TWIN:USA

Address

222 East Erie Street, Suite 400, Milwaukee, WI, USA, 53202

Website

https://www.twindisc.com

Twin Disc Inc is a United States-based firm engaged in the manufacture and sale of marine and heavy-duty off-highway power transmission equipment. The company operates its business through two reportable segments: Manufacturing and Distribution. Its products portfolio includes marine transmissions, surface drives, propellers, and boat management systems as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems.