Soitec (Soitec) Accounts Payable & Accrued Expense : $184 Mil (As of Mar. 2024)

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What is Soitec Accounts Payable & Accrued Expense?

Soitec's quarterly accounts payable & accrued expense declined from Mar. 2023 ($293 Mil) to Sep. 2023 ($254 Mil) and declined from Sep. 2023 ($254 Mil) to Mar. 2024 ($184 Mil).

Soitec's annual accounts payable & accrued expense increased from Mar. 2022 ($193 Mil) to Mar. 2023 ($293 Mil) but then declined from Mar. 2023 ($293 Mil) to Mar. 2024 ($184 Mil).

Soitec Accounts Payable & Accrued Expense Historical Data

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

Soitec Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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141.35

162.85

193.35

293.02

183.70

Soitec Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															193.35	232.11	293.02	253.84	183.70

Soitec 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.

Soitec (Soitec) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Soitec SA (OTCPK:SLOIY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SLOIF:USA SOIp:UK 0RMT:UK SOI:France SOH1:Germany

Address

Parc Technologique des Fontaines, Chemin des Franques, Bernin, FRA, 38190

Website

https://www.soitec.com

Soitec is a French company that manufactures and sells engineered wafers for the semiconductor industry. Soitec is the number one provider of silicon-on-insulator, or SOI, wafers worldwide and also provides other engineered substrates like gallium nitride or silicon carbide. Soitec sells wafers to fabrication plants that use the them to produce chips. Soitec has facilities in France, Singapore, and China and plans to expand its capacity by 75% from 2022 to 2026.