The Shyft Group (FRA:SP8) Accounts Payable & Accrued Expense : €86.8 Mil (As of Mar. 2024)

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What is The Shyft Group Accounts Payable & Accrued Expense?

The Shyft Group's quarterly accounts payable & accrued expense declined from Sep. 2023 (€99.0 Mil) to Dec. 2023 (€98.2 Mil) and declined from Dec. 2023 (€98.2 Mil) to Mar. 2024 (€86.8 Mil).

The Shyft Group's annual accounts payable & accrued expense increased from Dec. 2021 (€78.2 Mil) to Dec. 2022 (€124.1 Mil) but then declined from Dec. 2022 (€124.1 Mil) to Dec. 2023 (€98.2 Mil).

The Shyft Group Accounts Payable & Accrued Expense Historical Data

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

The Shyft Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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54.37

43.67

78.25

124.11

98.20

The Shyft Group 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															106.47	84.69	98.96	98.20	86.82

The Shyft Group 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.

The Shyft Group (FRA:SP8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » The Shyft Group Inc (FRA:SP8) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SHYF:USA

Address

41280 Bridge Street, Novi, MI, USA, 48375

Website

https://www.theshyftgroup.com

The Shyft Group Inc is engaged in specialty vehicle manufacturing and assembly for the commercial vehicle (including last-mile delivery, specialty service and vocation-specific upfit segments) and recreational vehicle industries. Its products include walk-in vans, truck bodies, and cargo van and pick-up truck upfits used in e-commerce/parcel delivery, upfit equipment used in the mobile retail and utility trades, as well as luxury Class A diesel motorhome custom chassis and contract manufacturing and assembly services. It also supply replacement parts and offer repair, maintenance, field service and refurbishment services for the vehicles that company manufacture.

The Shyft Group (FRA:SP8) Headlines

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