Lectra (STU:LET) Accounts Payable & Accrued Expense : €143.7 Mil (As of Mar. 2024)

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What is Lectra Accounts Payable & Accrued Expense?

Lectra's quarterly accounts payable & accrued expense declined from Sep. 2023 (€93.5 Mil) to Dec. 2023 (€78.8 Mil) but then increased from Dec. 2023 (€78.8 Mil) to Mar. 2024 (€143.7 Mil).

Lectra's annual accounts payable & accrued expense declined from Dec. 2021 (€97.4 Mil) to Dec. 2022 (€89.9 Mil) and declined from Dec. 2022 (€89.9 Mil) to Dec. 2023 (€78.8 Mil).

Lectra Accounts Payable & Accrued Expense Historical Data

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

Lectra Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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53.72

46.91

97.38

89.88

78.77

Lectra 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															102.61	96.27	93.50	78.77	143.70

Lectra 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.

Lectra (STU:LET) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Lectra (STU:LET) » Definitions » Accounts Payable & Accrued Expense

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0IVJ:UK LSS:France

Address

16-18, Rue Chalgrin, Paris, FRA, 75016

Website

https://www.lectra.com

Lectra is engaged in the design and development of software, CAD/CAM equipment, and associated services designed for industries using fabrics, leather, technical textiles, and composite materials to manufacture products. The company serves fashion and apparel, automotive, and furniture markets, as well as other industries, such as aeronautical, marine and wind power industries. It operates in Europe, the Americas, the Asia-Pacific, and internationally of which the majority of its revenue is derived from the Europe region.

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