Bio-Techne (FRA:TE1) Accounts Payable & Accrued Expense : €95 Mil (As of Mar. 2024)

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What is Bio-Techne Accounts Payable & Accrued Expense?

Bio-Techne's quarterly accounts payable & accrued expense declined from Sep. 2023 (€81 Mil) to Dec. 2023 (€81 Mil) but then increased from Dec. 2023 (€81 Mil) to Mar. 2024 (€95 Mil).

Bio-Techne's annual accounts payable & accrued expense increased from Jun. 2021 (€87 Mil) to Jun. 2022 (€120 Mil) but then declined from Jun. 2022 (€120 Mil) to Jun. 2023 (€86 Mil).

Bio-Techne Accounts Payable & Accrued Expense Historical Data

The historical data trend for Bio-Techne'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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Bio-Techne Accounts Payable & Accrued Expense Chart

Bio-Techne Annual Data

Trend

Jun14

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Jun20

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Jun23

Accounts Payable & Accrued Expense

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71.16

63.57

87.40

120.09

85.68

Bio-Techne 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															97.79	85.68	81.14	80.98	94.85

Bio-Techne 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.

Bio-Techne (FRA:TE1) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Bio-Techne Corp (FRA:TE1) » Definitions » Accounts Payable & Accrued Expense

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TECH:USA T1CH34:Brazil

Address

614 McKinley Place N.E., Minneapolis, MN, USA, 55413

Website

https://www.bio-techne.com

Based in Minnesota, Bio-Techne is a life sciences manufacturer supplying consumables and instruments for the pharma, biotech, academic, and diagnostic markets. The company reports in two segments, protein sciences (75% of revenue), and diagnostics and genomics (25%). The protein-focused segment makes equipment and associated consumables for protein characterization and analysis and sells antibodies for research and clinical purposes. In diagnostics, Bio-Techne provides controls and calibrators for diagnostic manufacturers and has a portfolio of diagnostic oncology assays. The United States accounts for about 55% of revenue, and the firm also has operations in EMEA (20% of sales), the U.K. (5%), and APAC (15%), with the rest of the world accounting for the remaining 5%.

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