Casa Systems (STU:6CS) Accounts Payable & Accrued Expense : €46.8 Mil (As of Sep. 2023)

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What is Casa Systems Accounts Payable & Accrued Expense?

Casa Systems's quarterly accounts payable & accrued expense increased from Mar. 2023 (€42.4 Mil) to Jun. 2023 (€50.3 Mil) but then declined from Jun. 2023 (€50.3 Mil) to Sep. 2023 (€46.8 Mil).

Casa Systems's annual accounts payable & accrued expense declined from Dec. 2020 (€70.8 Mil) to Dec. 2021 (€65.9 Mil) and declined from Dec. 2021 (€65.9 Mil) to Dec. 2022 (€58.2 Mil).

Casa Systems Accounts Payable & Accrued Expense Historical Data

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

Casa Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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48.17

52.21

70.78

65.90

58.19

Casa Systems Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															52.84	58.19	42.36	50.34	46.80

Casa Systems 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.

Casa Systems (STU:6CS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Casa Systems Inc (STU:6CS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CASA:USA 6CS:Germany

Address

100 Old River Road, Andover, MA, USA, 01810

Website

https://www.casa-systems.com

Casa Systems Inc is engaged in providing a suite of software-centric infrastructure solutions that allow cable service providers to deliver voice, video and data services over a single platform at multi-gigabit speeds. In addition, the company offers solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom, and wireless networks. The company focuses on creating a software-centric, multi-service portfolio that enables a broad range of core and access network functions for fixed and wireless networks. The company's product line includes cable networks, IP networks, mobile networks, optical networks, professional and managed services and others. Substantial revenue is generated from North American operations.

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