Photronics (FRA:PQ2) Accounts Payable & Accrued Expense : €151.0 Mil (As of Jan. 2024)

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What is Photronics Accounts Payable & Accrued Expense?

Photronics's quarterly accounts payable & accrued expense declined from Jul. 2023 (€166.4 Mil) to Oct. 2023 (€122.6 Mil) but then increased from Oct. 2023 (€122.6 Mil) to Jan. 2024 (€151.0 Mil).

Photronics's annual accounts payable & accrued expense increased from Oct. 2021 (€98.5 Mil) to Oct. 2022 (€132.4 Mil) but then declined from Oct. 2022 (€132.4 Mil) to Oct. 2023 (€122.6 Mil).

Photronics Accounts Payable & Accrued Expense Historical Data

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

Photronics Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accounts Payable & Accrued Expense

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104.44

87.26

98.51

132.44

122.64

Photronics Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															178.91	162.47	166.39	122.64	151.03

Photronics 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.

Photronics (FRA:PQ2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Photronics Inc (FRA:PQ2) » Definitions » Accounts Payable & Accrued Expense

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PLAB:USA

Address

15 Secor Road, Brookfield, CT, USA, 06804

Website

https://www.photronics.com

Photronics Inc is a U.S.-based company that is principally engaged in manufacturing photomasks. The photomasks are photographic quartz plates that contain microscopic images of electronic circuits that are used as a component in the manufacture of integrated circuits and flat-panel displays. The revenue from products designed for integrated circuits production accounts for the majority of total revenue, with the rest derived from products for flat-panel display production. The company's assets are located in Taiwan, Korea, and the United States. It generates revenue worldwide, including in the United States, Europe, Taiwan, Korea, China, and elsewhere in Asia, with Taiwan contributing the majority of total revenue.

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