GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Acer Inc (OTCPK:ACEYY) » Definitions » Accounts Payable & Accrued Expense

Acer (ACEYY) Accounts Payable & Accrued Expense : $2,859 Mil (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Acer Accounts Payable & Accrued Expense?

Acer's quarterly accounts payable & accrued expense declined from Sep. 2023 ($2,778 Mil) to Dec. 2023 ($2,559 Mil) but then increased from Dec. 2023 ($2,559 Mil) to Mar. 2024 ($2,859 Mil).

Acer's annual accounts payable & accrued expense declined from Dec. 2021 ($3,617 Mil) to Dec. 2022 ($2,292 Mil) but then increased from Dec. 2022 ($2,292 Mil) to Dec. 2023 ($2,559 Mil).


Acer Accounts Payable & Accrued Expense Historical Data

The historical data trend for Acer'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.

* Premium members only.

Acer Accounts Payable & Accrued Expense Chart

Acer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,021.94 2,928.34 3,616.56 2,291.70 2,559.39

Acer 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,409.36 2,729.46 2,777.56 2,559.39 2,858.68

Acer 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.


Acer (ACEYY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Acer Inc (OTCPK:ACEYY) » Definitions » Accounts Payable & Accrued Expense
Traded in Other Exchanges
Address
No. 369, Fuxing North Road, Songshan District, Taipei, TWN, 105
Acer Inc is a hardware and electronics company specializing in advanced electronics technology. Its products are sold under three brands: Acer, Gateway, and Packard Bell. It include desktop PCs, clamshell laptops, 2-in-1 laptops, convertible laptops, Chromebooks, tablets, servers, storage devices, virtual reality devices, displays, smartphones, and peripherals. A large majority of the firm's revenue is derived from personal computers and the rest from peripherals and other products. The firm generates revenue in the Americas, Mainland China, Taiwan, and other countries across the world.