West Pharmaceutical Services (FRA:WPS) Accounts Payable & Accrued Expense : €298 Mil (As of Mar. 2024)

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What is West Pharmaceutical Services Accounts Payable & Accrued Expense?

West Pharmaceutical Services's quarterly accounts payable & accrued expense increased from Sep. 2023 (€305 Mil) to Dec. 2023 (€389 Mil) but then declined from Dec. 2023 (€389 Mil) to Mar. 2024 (€298 Mil).

West Pharmaceutical Services's annual accounts payable & accrued expense declined from Dec. 2021 (€395 Mil) to Dec. 2022 (€368 Mil) but then increased from Dec. 2022 (€368 Mil) to Dec. 2023 (€389 Mil).

West Pharmaceutical Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for West Pharmaceutical Services'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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West Pharmaceutical Services Accounts Payable & Accrued Expense Chart

West Pharmaceutical Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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246.06

320.66

395.42

367.69

388.99

West Pharmaceutical Services 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															334.84	304.68	304.81	388.99	297.53

West Pharmaceutical Services 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.

West Pharmaceutical Services (FRA:WPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » West Pharmaceutical Services Inc (FRA:WPS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

WST:USA WPS:Germany

Address

530 Herman O. West Drive, Exton, PA, USA, 19341-0645

Website

https://www.westpharma.com

West Pharmaceutical Services is a Pennsylvania-based medical supplies company that operates as a key supplier to firms in the pharmaceutical, biotechnology, and generic drug industries. West develops, manufactures, and distributes elastomer-based supplies for the containment and administration of injectable drugs, including basic equipment such as syringes, stoppers, and plungers, along with somewhat more complicated devices including auto-injectors and other self-injection platforms. The company reports in two segments: proprietary products (82% of 2021 sales) and contract-manufactured products (18%). It generates 55% of its revenue from international markets and 45% from the United States.