Astronics (Astronics) Accounts Payable & Accrued Expense : $107.2 Mil (As of Dec. 2023)

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What is Astronics Accounts Payable & Accrued Expense?

Astronics's quarterly accounts payable & accrued expense declined from Jun. 2023 ($133.3 Mil) to Sep. 2023 ($118.5 Mil) and declined from Sep. 2023 ($118.5 Mil) to Dec. 2023 ($107.2 Mil).

Astronics's annual accounts payable & accrued expense increased from Dec. 2021 ($84.5 Mil) to Dec. 2022 ($110.1 Mil) but then declined from Dec. 2022 ($110.1 Mil) to Dec. 2023 ($107.2 Mil).

Astronics Accounts Payable & Accrued Expense Historical Data

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

Astronics Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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84.54

64.17

84.48

110.10

107.24

Astronics 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															110.10	108.33	133.31	118.50	107.24

Astronics 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.

Astronics (Astronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Astronics Corp (OTCPK:ATROB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ATRO:USA AC1:Germany AC1:Germany

Address

130 Commerce Way, East Aurora, NY, USA, 14052

Website

https://www.astronics.com

Astronics Corp supplies products to the aerospace, defense, and other industries. The company has two reportable segments namely Aerospace and Test Systems. The aerospace segment serves three primary markets: military, commercial transport and business jet markets. Test Systems segment serves the aerospace, defense, and semiconductor markets. The company generates a majority of its revenue from the Aerospace segment. Geographically, it generates a majority of its revenue from the United States.