EMCORE (STU:ER2) Accounts Payable & Accrued Expense : €13.38 Mil (As of Mar. 2024)

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What is EMCORE Accounts Payable & Accrued Expense?

EMCORE's quarterly accounts payable & accrued expense declined from Sep. 2023 (€16.82 Mil) to Dec. 2023 (€13.09 Mil) but then increased from Dec. 2023 (€13.09 Mil) to Mar. 2024 (€13.38 Mil).

EMCORE's annual accounts payable & accrued expense increased from Sep. 2021 (€14.40 Mil) to Sep. 2022 (€16.58 Mil) and increased from Sep. 2022 (€16.58 Mil) to Sep. 2023 (€16.82 Mil).

EMCORE Accounts Payable & Accrued Expense Historical Data

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

EMCORE Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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14.75

15.25

14.40

16.58

16.82

EMCORE 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															14.93	11.30	16.82	13.09	13.38

EMCORE 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.

EMCORE (STU:ER2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » EMCORE Corp (STU:ER2) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

EMKR:USA ER2N:Germany

Address

2015 W. Chestnut Street, Alhambra, CA, USA, 91803

Website

https://www.emcore.com

EMCORE Corp is a provider of sensors and navigation systems for the aerospace and defense market. The company operates in one reporting segment, Inertial Navigation, whose product technology categories include: (a) FOG, (b) QMEMS, (c) RLG, in each case which serve the aerospace and defense market. The company operates geographically in United States and Canada, which is the key revenue generator; Asia; Europe; and Other.

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