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Credo Technology Group Holding (MEX:CRDO) Accounts Payable & Accrued Expense : MXN709 Mil (As of Oct. 2024)


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What is Credo Technology Group Holding Accounts Payable & Accrued Expense?

Credo Technology Group Holding's quarterly accounts payable & accrued expense increased from Apr. 2024 (MXN494 Mil) to Jul. 2024 (MXN1,033 Mil) but then declined from Jul. 2024 (MXN1,033 Mil) to Oct. 2024 (MXN709 Mil).

Credo Technology Group Holding's annual accounts payable & accrued expense declined from Apr. 2022 (MXN370 Mil) to Apr. 2023 (MXN322 Mil) but then increased from Apr. 2023 (MXN322 Mil) to Apr. 2024 (MXN494 Mil).


Credo Technology Group Holding Accounts Payable & Accrued Expense Historical Data

The historical data trend for Credo Technology Group Holding'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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Credo Technology Group Holding Accounts Payable & Accrued Expense Chart

Credo Technology Group Holding Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24
Accounts Payable & Accrued Expense
110.23 138.50 369.94 321.81 494.47

Credo Technology Group Holding Quarterly Data
Apr20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 449.18 442.39 494.47 1,033.39 708.53

Credo Technology Group Holding 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.


Credo Technology Group Holding Business Description

Traded in Other Exchanges
Address
Ugland House, PO Box 309, Grand Cayman, CYM, KY1-1104
Credo Technology Group Holding Ltd delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. It has a geographic presence in Hong Kong, the United States, Mainland China, Taiwan, and the Rest of the World.