Picanol NV (LTS:0FM2) Accounts Payable & Accrued Expense : €578 Mil (As of Jun. 2022)

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What is Picanol NV Accounts Payable & Accrued Expense?

Picanol NV's quarterly accounts payable & accrued expense declined from Jun. 2021 (€456 Mil) to Dec. 2021 (€394 Mil) but then increased from Dec. 2021 (€394 Mil) to Jun. 2022 (€578 Mil).

Picanol NV's annual accounts payable & accrued expense increased from Dec. 2019 (€262 Mil) to Dec. 2020 (€285 Mil) and increased from Dec. 2020 (€285 Mil) to Dec. 2021 (€394 Mil).

Picanol NV Accounts Payable & Accrued Expense Historical Data

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

Picanol NV Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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77.21

268.80

261.90

285.20

393.70

Picanol NV Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															336.70	285.20	456.00	393.70	578.40

Picanol NV 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.

Picanol NV (LTS:0FM2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Picanol NV (LTS:0FM2) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Steverlyncklaan 15, Ieper, BEL, 8900

Website

http://www.picanolgroup.com

Picanol NV is a Belgium-based company that develops, manufactures, and distributes weaving machines, engineered casting solutions, and customized controllers. The company, through Weaving Machines (Picanol), supplies weaving machines to global weaving mills, as well as related services. Picanol also markets accessories via GTP Global Textile Partner. Also, the Picanol Group is involved in other business activities including foundry activities and mechanic finishing activities. The group's operating segment comprises Machines & Technologies; Agro; Bio-valorization; Industrial Solutions; and T-Power.

Picanol NV (LTS:0FM2) Headlines

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