AXT (STU:AHV) Accounts Payable & Accrued Expense : €17.24 Mil (As of Mar. 2024)

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What is AXT Accounts Payable & Accrued Expense?

AXT's quarterly accounts payable & accrued expense increased from Sep. 2023 (€16.28 Mil) to Dec. 2023 (€21.90 Mil) but then declined from Dec. 2023 (€21.90 Mil) to Mar. 2024 (€17.24 Mil).

AXT's annual accounts payable & accrued expense declined from Dec. 2021 (€23.79 Mil) to Dec. 2022 (€21.11 Mil) but then increased from Dec. 2022 (€21.11 Mil) to Dec. 2023 (€21.90 Mil).

AXT Accounts Payable & Accrued Expense Historical Data

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

AXT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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15.82

19.18

23.79

21.11

21.90

AXT 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															14.11	16.05	16.28	21.90	17.24

AXT 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.

AXT (STU:AHV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » AXT Inc (STU:AHV) » Definitions » Accounts Payable & Accrued Expense

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AXTI:USA AHV:Germany

Address

4281 Technology Drive, Fremont, CA, USA, 94538

Website

http://www.axt.com

AXT Inc is a developer and producer of compound and single-element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It is engaged in the design, development, manufacture, and distribution of high-performance compound semiconductor substrates and the sale of materials. The company provides alternative or specialty materials in the form of substrates or wafers, including compound and single-element substrates. Its compound substrates combine indium with phosphorous or gallium with arsenic. Geographically firm has its business presence across the region of Europe, Japan, Taiwan, China, North America, and the Asia Pacific from which China derives its maximum revenue to the company.

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