Tronics Microsystems (XPAR:ALTRO) Accounts Payable & Accrued Expense : €1.57 Mil (As of Sep. 2023)

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What is Tronics Microsystems Accounts Payable & Accrued Expense?

Tronics Microsystems's quarterly accounts payable & accrued expense declined from Sep. 2022 (€2.03 Mil) to Mar. 2023 (€1.52 Mil) but then increased from Mar. 2023 (€1.52 Mil) to Sep. 2023 (€1.57 Mil).

Tronics Microsystems's annual accounts payable & accrued expense increased from Mar. 2021 (€1.16 Mil) to Mar. 2022 (€1.27 Mil) and increased from Mar. 2022 (€1.27 Mil) to Mar. 2023 (€1.52 Mil).

Tronics Microsystems Accounts Payable & Accrued Expense Historical Data

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

Tronics Microsystems Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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1.35

1.76

1.16

1.27

1.52

Tronics Microsystems Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.27	1.27	2.03	1.52	1.57

Tronics Microsystems 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.

Tronics Microsystems (XPAR:ALTRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tronics Microsystems (XPAR:ALTRO) » Definitions » Accounts Payable & Accrued Expense

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Address

98 rue du Pré de l’Horme, Crolles, Cedex, FRA, 38926

Website

http://www.tronicsgroup.com

Tronics Microsystems is a MEMS manufacturer. The company manufactures accelerometers, gyroscopes, micropumps, pressure sensors, switches, biodetectors, and other MEMS, as well as providing MEMS foundry and wafer fab manufacturing solutions. The products of the company are used in the aviation sector, medical sector, and oil & gas sector.

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