Flex (FRA:FXI) Accounts Payable & Accrued Expense : €4,560 Mil (As of Mar. 2024)

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What is Flex Accounts Payable & Accrued Expense?

Flex's quarterly accounts payable & accrued expense declined from Sep. 2023 (€5,836 Mil) to Dec. 2023 (€5,323 Mil) and declined from Dec. 2023 (€5,323 Mil) to Mar. 2024 (€4,560 Mil).

Flex's annual accounts payable & accrued expense declined from Mar. 2022 (€6,105 Mil) to Mar. 2023 (€6,026 Mil) and declined from Mar. 2023 (€6,026 Mil) to Mar. 2024 (€4,560 Mil).

Flex Accounts Payable & Accrued Expense Historical Data

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

Flex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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4,952.16

4,804.80

6,105.39

6,026.17

4,559.52

Flex 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															6,026.17	5,873.97	5,835.64	5,323.19	4,559.52

Flex 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.

Flex (FRA:FXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Flex Ltd (FRA:FXI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

FLEX:USA FLEX:Mexico

Address

2 Changi South Lane, Singapore, SGP, 486123

Website

https://www.flex.com

Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product management services to global electronics and technology companies. The company's operating segments include Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. Flex Agility Solutions segment includes markets such as Communications, Enterprise and Cloud; Lifestyle; and Consumer Devices. Flex Reliability Solutions segment includes markets such as Automotive, Health Solutions, and Industrial. The Nextracker segment provides solar tracker technologies that optimize and increase energy production. The company's geographical segments include China, Mexico, the United States, Brazil, Malaysia, Hungary, and Others.