Methode Electronics (STU:ME5A) Accounts Payable & Accrued Expense : €168 Mil (As of Oct. 2024)

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What is Methode Electronics Accounts Payable & Accrued Expense?

Methode Electronics's quarterly accounts payable & accrued expense increased from Apr. 2024 (€174 Mil) to Jul. 2024 (€200 Mil) but then declined from Jul. 2024 (€200 Mil) to Oct. 2024 (€168 Mil).

Methode Electronics's annual accounts payable & accrued expense increased from Apr. 2022 (€129 Mil) to Apr. 2023 (€165 Mil) and increased from Apr. 2023 (€165 Mil) to Apr. 2024 (€174 Mil).

Methode Electronics Accounts Payable & Accrued Expense Historical Data

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

Methode Electronics Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Accounts Payable & Accrued Expense

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95.59

140.62

129.27

165.35

173.82

Methode Electronics Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															170.18	176.07	173.82	200.44	168.27

Methode Electronics 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.

Methode Electronics Business Description

Industry

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Traded in Other Exchanges

MEI:USA

Address

8750 West Bryn Mawr Avenue, Suite 1000, Chicago, IL, USA, 60631-3518

Website

https://www.methode.com

Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized into various business segments: Automotive, Industrial, Interface, and Medical. The Automotive segment which generates maximum revenue, supplies electronic and electro-mechanical devices and related products to automobiles. The products manufactured in the automotive segment include overhead and center consoles, hidden and ergonomic switches, insert molded components, LED-based lighting, and sensors. Geographically, the company generates maximum revenue from North America and the rest from Europe, the Middle East & Africa (EMEA), and Asia.

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