PSB Industries (CHIX:PSBP) Accounts Payable & Accrued Expense : €18.5 Mil (As of Dec. 2020)

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What is PSB Industries Accounts Payable & Accrued Expense?

PSB Industries's quarterly accounts payable & accrued expense declined from Dec. 2019 (€35.4 Mil) to Jun. 2020 (€22.3 Mil) and declined from Jun. 2020 (€22.3 Mil) to Dec. 2020 (€18.5 Mil).

PSB Industries's annual accounts payable & accrued expense declined from Dec. 2018 (€36.6 Mil) to Dec. 2019 (€35.4 Mil) and declined from Dec. 2019 (€35.4 Mil) to Dec. 2020 (€18.5 Mil).

PSB Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for PSB 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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PSB Industries Accounts Payable & Accrued Expense Chart

PSB Industries Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Payable & Accrued Expense

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2.61

48.14

36.62

35.38

18.53

PSB Industries Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															36.62	36.41	35.38	22.32	18.53

PSB 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.

PSB Industries (CHIX:PSBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » PSB Industries SA (CHIX:PSBp) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Park Nord Immeuble Les Pleiades n 21, Route de la bouvarde, Metz-Tessy, FRA, 74370

Website

http://www.psbindus.com

PSB Industries SA is a holding company, which engages in the packaging of specialty chemicals and cosmetics. It operates its business through the following segments: Luxury and Beauty, Food and Distribution, Specialty Chemicals and Healthcare and Industry. The Luxury and Beauty segment specializes in plastic injection and finishing for the cosmetics and perfume industry. The Food and Distribution segment specializes in the design and manufacture food tray, blister pack, thermoformed packaging. The Specialty Chemicals segment specializes in the production of powders and liquids based on ultra-pure alumina. Healthcare and Industry segment focuses on a primary and secondary market. Most of its revenue is generated in France.