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PIERER Mobility AG (CHIX:PKTMZ) Accounts Payable & Accrued Expense : CHF465 Mil (As of Jun. 2024)


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What is PIERER Mobility AG Accounts Payable & Accrued Expense?

PIERER Mobility AG's quarterly accounts payable & accrued expense declined from Jun. 2023 (CHF722 Mil) to Dec. 2023 (CHF701 Mil) and declined from Dec. 2023 (CHF701 Mil) to Jun. 2024 (CHF465 Mil).

PIERER Mobility AG's annual accounts payable & accrued expense increased from Dec. 2021 (CHF480 Mil) to Dec. 2022 (CHF802 Mil) but then declined from Dec. 2022 (CHF802 Mil) to Dec. 2023 (CHF701 Mil).


PIERER Mobility AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for PIERER Mobility AG'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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PIERER Mobility AG Accounts Payable & Accrued Expense Chart

PIERER Mobility AG Annual Data
Trend Sep14 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 276.22 327.88 480.35 802.31 700.78

PIERER Mobility AG Semi-Annual Data
Sep14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 602.40 802.31 721.80 700.78 465.18

PIERER Mobility AG 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.


PIERER Mobility AG Business Description

Address
Edisonstrasse 1, Wels, AUT, 4600
PIERER Mobility AG is an automotive niche player that includes renowned brands KTM, Husqvarna, GASGAS, and MV Agusta Motorcycles. The reportable segments of the company are; Motorcycles, Bicycles, and Others. The Motorcycles segment which generates the majority of the revenue, comprises the development, production and distribution of motorcycles under the KTM, Husqvarna Motorcycles, and GASGAS brands as well as components of the WP brand. The Bicycles segment's focus is on developing, manufacturing and trading e-bicycles and bicycles under Husqvarna E-Bicycles, GASGAS Bicycles, Liteville, and Johansson brands. Geographically, key revenue for the company is derived from Europe (without Austria), and the rest from North America and Mexico, Austria, and other regions.

PIERER Mobility AG Headlines

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