C Mer Industries (XTAE:CMER) Accounts Payable & Accrued Expense : ₪151.5 Mil (As of Dec. 2023)

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What is C Mer Industries Accounts Payable & Accrued Expense?

C Mer Industries's quarterly accounts payable & accrued expense increased from Jun. 2023 (₪159.0 Mil) to Sep. 2023 (₪164.0 Mil) but then declined from Sep. 2023 (₪164.0 Mil) to Dec. 2023 (₪151.5 Mil).

C Mer Industries's annual accounts payable & accrued expense increased from Dec. 2021 (₪92.6 Mil) to Dec. 2022 (₪144.2 Mil) and increased from Dec. 2022 (₪144.2 Mil) to Dec. 2023 (₪151.5 Mil).

C Mer Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for C Mer Industries'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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C Mer Industries Accounts Payable & Accrued Expense Chart

C Mer Industries Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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90.55

86.51

92.63

144.24

151.53

C Mer Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															144.24	145.84	158.97	163.96	151.53

C Mer Industries 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.

C Mer Industries (XTAE:CMER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » C Mer Industries Ltd (XTAE:CMER) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

5 Hatzoref Street, Holon, ISR, 5885633

Website

http://www.mer-group.com

C Mer Industries Ltd offers a diverse portfolio of technology-based solutions and end-to-end services that include consultancy, development, engineering, and manufacturing, as well as integration and implementation. Its solutions and products include Communications Infrastructure, Safe and Smart City, Homeland Security, Emergency Response Management and Mobile Platforms among others.

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