Carl Zeiss Meditec AG (MIL:1AFX) Accounts Payable & Accrued Expense : €191 Mil (As of Mar. 2024)

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What is Carl Zeiss Meditec AG Accounts Payable & Accrued Expense?

Carl Zeiss Meditec AG's quarterly accounts payable & accrued expense declined from Sep. 2023 (€292 Mil) to Dec. 2023 (€0 Mil) but then increased from Dec. 2023 (€0 Mil) to Mar. 2024 (€191 Mil).

Carl Zeiss Meditec AG's annual accounts payable & accrued expense increased from Sep. 2021 (€192 Mil) to Sep. 2022 (€243 Mil) and increased from Sep. 2022 (€243 Mil) to Sep. 2023 (€292 Mil).

Carl Zeiss Meditec AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Carl Zeiss Meditec 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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Carl Zeiss Meditec AG Accounts Payable & Accrued Expense Chart

Carl Zeiss Meditec AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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144.71

117.50

191.75

242.57

292.13

Carl Zeiss Meditec AG 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															230.66	-	292.13	-	190.75

Carl Zeiss Meditec 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.

Carl Zeiss Meditec AG (MIL:1AFX) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Carl Zeiss Meditec AG (MIL:1AFX) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CZMWY:USA CZMWF:USA AFXd:UK 0DHC:UK AFX:Germany AFX:Austria

Address

Goschwitzer Strasse 51-52, Jena, TH, DEU, 07745

Website

https://www.zeiss.com

Carl Zeiss Meditec is one of the largest medical technology companies in the world and it operates in two segments: Ophthalmic devices and Microsurgery. OPT, which made up 75% of sales in 2022, includes refractive lasers, surgical ophthalmic devices, equipment for ophthalmic diagnostics, as well as a portfolio of intraocular lenses and disposable medical instruments. With a low-teens share of the market, Zeiss is the second-largest player in the space. MCS is composed of implants, surgical instruments, and visualization devices used during neurosurgery, spine surgery, and otolaryngology surgery. With over 60% market share, Zeiss is the clear leader in the microsurgery space.

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