ScanSource (FRA:SC3) Accounts Payable & Accrued Expense : €584 Mil (As of Mar. 2024)

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What is ScanSource Accounts Payable & Accrued Expense?

ScanSource's quarterly accounts payable & accrued expense declined from Sep. 2023 (€649 Mil) to Dec. 2023 (€553 Mil) but then increased from Dec. 2023 (€553 Mil) to Mar. 2024 (€584 Mil).

ScanSource's annual accounts payable & accrued expense increased from Jun. 2021 (€567 Mil) to Jun. 2022 (€722 Mil) but then declined from Jun. 2022 (€722 Mil) to Jun. 2023 (€685 Mil).

ScanSource Accounts Payable & Accrued Expense Historical Data

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

ScanSource Annual Data

Trend

Jun14

Jun15

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Jun20

Jun21

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Jun23

Accounts Payable & Accrued Expense

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468.80

449.88

567.49

722.13

685.32

ScanSource 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															689.46	685.32	649.19	552.73	584.37

ScanSource 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.

ScanSource (FRA:SC3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ScanSource Inc (FRA:SC3) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SCSC:USA

Address

6 Logue Court, Greenville, SC, USA, 29615

Website

https://www.scansource.com

ScanSource Inc provides value-added services for technology manufacturers and sells to resellers in specialty technology markets. The firm's operations are organized in two segments: Specialty Technology Solutions and Modern Communications and Cloud. It generates maximum revenue from the Specialty Technology Solutions segment. The Specialty Technology Solutions segment includes the Company's business in mobility and barcode, POS, payments, security and networking technologies. Geographically, it derives a majority of revenue from the United States.

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