Quantum (FRA:QNT) Accounts Payable & Accrued Expense : €46.7 Mil (As of Dec. 2024)

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What is Quantum Accounts Payable & Accrued Expense?

Quantum's quarterly accounts payable & accrued expense declined from Jun. 2024 (€50.4 Mil) to Sep. 2024 (€38.9 Mil) but then increased from Sep. 2024 (€38.9 Mil) to Dec. 2024 (€46.7 Mil).

Quantum's annual accounts payable & accrued expense increased from Mar. 2022 (€40.4 Mil) to Mar. 2023 (€42.5 Mil) but then declined from Mar. 2023 (€42.5 Mil) to Mar. 2024 (€33.8 Mil).

Quantum Accounts Payable & Accrued Expense Historical Data

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

Quantum Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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47.81

42.92

40.37

42.50

33.81

Quantum Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															33.27	33.81	50.37	38.88	46.70

Quantum 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.

Quantum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quantum Corp (FRA:QNT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

QMCO:USA 0A7S:UK QNT:Germany

Address

224 Airport Parkway, Suite 550, San Jose, CA, USA, 95110

Website

https://www.quantum.com

Quantum Corp is a United States-based company that delivers end-to-end data management solutions designed for unstructured data. The company provides solutions for the entire data lifecycle. The company specialize in solutions for video, images, audio, and other large files. The company's portfolio of products includes primary storage software and systems, secondary storage software and systems, as well as devices and media. The company's Primary Storage Software and Systems include Myriad All-Flash Software-Defined Storage, StorNext Hybrid Flash/Disk File Storage Software, and Unified Surveillance Platform Software. Secondary Storage Software and Systems include ActiveScale Object Storage Software and DXi Backup Appliances. The firm derives the majority of its revenue from United States.

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