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Penguin Solutions (FRA:850) Accounts Payable & Accrued Expense : €267 Mil (As of Feb. 2025)


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What is Penguin Solutions Accounts Payable & Accrued Expense?

Penguin Solutions's quarterly accounts payable & accrued expense increased from Aug. 2024 (€199 Mil) to Nov. 2024 (€268 Mil) but then declined from Nov. 2024 (€268 Mil) to Feb. 2025 (€267 Mil).

Penguin Solutions's annual accounts payable & accrued expense declined from Aug. 2022 (€349 Mil) to Aug. 2023 (€167 Mil) but then increased from Aug. 2023 (€167 Mil) to Aug. 2024 (€199 Mil).


Penguin Solutions Accounts Payable & Accrued Expense Historical Data

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

Penguin Solutions Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 214.09 411.49 349.50 166.93 198.72

Penguin Solutions Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 168.73 213.35 198.72 268.13 266.97

Penguin Solutions 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.


Penguin Solutions Business Description

Industry
Traded in Other Exchanges
Address
1390 McCarthy Boulevard, Milpitas, CA, USA, 94560
Penguin Solutions Inc is an end-to-end technology company engaged in Intelligent Platform Solutions, Integrated Memory, and Optimized LED business. Its product include Servers, software, OCP HPC & AI system, Racks and Edge. Servers include AMD-based Serves, Intel-based Servers, etc. Software products include Scyld ClusterWare, Scyld Cloud Central, etc. OCP HPC & AI Systems includes OCP Servers & Storage and etc.

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