Ems-Chemie Holding AG (LTS:0QM9) Accounts Payable & Accrued Expense : CHF183 Mil (As of Dec. 2023)

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What is Ems-Chemie Holding AG Accounts Payable & Accrued Expense?

Ems-Chemie Holding AG's quarterly accounts payable & accrued expense declined from Dec. 2022 (CHF230 Mil) to Jun. 2023 (CHF169 Mil) but then increased from Jun. 2023 (CHF169 Mil) to Dec. 2023 (CHF183 Mil).

Ems-Chemie Holding AG's annual accounts payable & accrued expense declined from Dec. 2021 (CHF237 Mil) to Dec. 2022 (CHF230 Mil) and declined from Dec. 2022 (CHF230 Mil) to Dec. 2023 (CHF183 Mil).

Ems-Chemie Holding AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ems-Chemie Holding AG'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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Ems-Chemie Holding AG Accounts Payable & Accrued Expense Chart

Ems-Chemie Holding AG Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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215.56

166.59

237.43

230.15

183.40

Ems-Chemie Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															237.43	232.00	230.15	169.00	183.40

Ems-Chemie Holding AG 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.

Ems-Chemie Holding AG (LTS:0QM9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ems-Chemie Holding AG (LTS:0QM9) » Definitions » Accounts Payable & Accrued Expense

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EMSHF:USA EMSNz:UK EMSN:Switzerland

Address

Via Innovativa 1, Domat/Ems, CHE, 7013

Website

https://www.ems-group.com

Ems-Chemie Holding AG is a holding company, which, through its subsidiaries, manufactures and sells a variety of chemical-based products. The firm organizes itself into two segments based on product type: High-Performance Polymers and Specialty Chemicals. The High-Performance Polymers segment, which generates the majority of revenue, sells plastic products to the automotive, electrical, and electronics industries. The Specialty Chemicals segment sells fibres, bonding agents for tires, and fusible bonding yarns for textiles and powder coating products. The majority of revenue comes from Europe.

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