Stratec SE (Stratec SE) Accounts Payable & Accrued Expense : $20.00 Mil (As of Mar. 2024)

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What is Stratec SE Accounts Payable & Accrued Expense?

Stratec SE's quarterly accounts payable & accrued expense increased from Sep. 2023 ($23.07 Mil) to Dec. 2023 ($34.28 Mil) but then declined from Dec. 2023 ($34.28 Mil) to Mar. 2024 ($20.00 Mil).

Stratec SE's annual accounts payable & accrued expense increased from Dec. 2021 ($21.13 Mil) to Dec. 2022 ($26.81 Mil) and increased from Dec. 2022 ($26.81 Mil) to Dec. 2023 ($34.28 Mil).

Stratec SE Accounts Payable & Accrued Expense Historical Data

The historical data trend for Stratec SE'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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Stratec SE Accounts Payable & Accrued Expense Chart

Stratec SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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20.05

18.67

21.13

26.81

34.28

Stratec SE 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															25.76	25.20	23.07	34.28	20.00

Stratec SE 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.

Stratec SE (Stratec SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Stratec SE (OTCPK:SBMDY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SBS:Germany

Address

Gewerbestrasse 37, Birkenfeld, RP, DEU, 75217

Website

https://www.stratec.com

Stratec SE designs and manufactures automated analyzer systems for laboratory data management and solutions for molecular diagnostic sample preparation and stabilization. Its business segments are Instrumentation, Diatron and Smart Consumables. Its Instrumentation segment is engaged in designing and manufacturing automated analyzer systems for clinical diagnostics and biotechnology customers. The Diatron segment comprises the business with systems, system components, consumables, and tests in the low throughput hematology and clinical chemistry segment. Its Smart Consumables segment is engaged in developing and selling scientific materials, such as nucleic acid purification. The company generates maximum revenue from the Instrumentation segment.

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