Astec Industries (STU:AI2) Accounts Payable & Accrued Expense : €156 Mil (As of Mar. 2024)

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What is Astec Industries Accounts Payable & Accrued Expense?

Astec Industries's quarterly accounts payable & accrued expense declined from Sep. 2023 (€164 Mil) to Dec. 2023 (€163 Mil) and declined from Dec. 2023 (€163 Mil) to Mar. 2024 (€156 Mil).

Astec Industries's annual accounts payable & accrued expense increased from Dec. 2021 (€109 Mil) to Dec. 2022 (€146 Mil) and increased from Dec. 2022 (€146 Mil) to Dec. 2023 (€163 Mil).

Astec Industries Accounts Payable & Accrued Expense Historical Data

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

Astec Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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82.98

68.88

109.12

145.75

162.77

Astec Industries 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															148.51	150.17	164.35	162.77	156.49

Astec Industries 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.

Astec Industries (STU:AI2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Astec Industries Inc (STU:AI2) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ASTE:USA AI2:Germany

Address

1725 Shepherd Road, Chattanooga, TN, USA, 37421

Website

https://www.astecindustries.com

Astec Industries Inc designs and manufactures equipment and components used primarily in road construction and other development activities. Its products are used through the entire process of building roads, from mining and crushing materials to creating the road surface. The company manufactures a line of plants, pavers, vehicles, and machines to mix and transform materials into construction components. It has two operating segments: infrastructure solutions and materials solutions. The majority of sales are derived from the United States. Its customers are asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, demolition recycling markets, sand and gravel producers, open mine operators, quarry operators, and others.

Astec Industries (STU:AI2) Headlines

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