STR Holdings (FRA:7S41) Accounts Payable & Accrued Expense : €3.47 Mil (As of Sep. 2019)

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What is STR Holdings Accounts Payable & Accrued Expense?

STR Holdings's quarterly accounts payable & accrued expense declined from Mar. 2019 (€4.90 Mil) to Jun. 2019 (€3.34 Mil) but then increased from Jun. 2019 (€3.34 Mil) to Sep. 2019 (€3.47 Mil).

STR Holdings's annual accounts payable & accrued expense declined from Dec. 2016 (€4.02 Mil) to Dec. 2017 (€2.81 Mil) but then increased from Dec. 2017 (€2.81 Mil) to Dec. 2018 (€3.92 Mil).

STR Holdings Accounts Payable & Accrued Expense Historical Data

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

STR Holdings Annual Data

Trend

Dec09

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Dec15

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Dec18

Accounts Payable & Accrued Expense

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5.67

5.00

4.02

2.81

3.92

STR Holdings Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.73	3.92	4.90	3.34	3.47

STR Holdings 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.

STR Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » STR Holdings Inc (FRA:7S41) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

10 Water Street, Enfield, CT, USA, 06082

Website

https://www.strsolar.com

STR Holdings Inc is a U.S based holding company. It is a provider of encapsulants to the solar industry. Encapsulant is a component used to protect solar cells and hold solar modules together. It has developed ethylene-vinyl acetate (EVA)-based encapsulants for use in commercial solar module manufacturing. The company's encapsulant formulations offer a range of properties and processing attributes, including various curing times and temperatures that align with the requirements of its customers' individual lamination processes and module constructions.

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