Accelleron Industries AG (XSWX:ACLN) Accounts Payable & Accrued Expense : CHF158.1 Mil (As of Dec. 2023)

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What is Accelleron Industries AG Accounts Payable & Accrued Expense?

Accelleron Industries AG's quarterly accounts payable & accrued expense declined from Dec. 2022 (CHF155.9 Mil) to Jun. 2023 (CHF131.1 Mil) but then increased from Jun. 2023 (CHF131.1 Mil) to Dec. 2023 (CHF158.1 Mil).

Accelleron Industries AG's annual accounts payable & accrued expense increased from Dec. 2021 (CHF112.4 Mil) to Dec. 2022 (CHF155.9 Mil) and increased from Dec. 2022 (CHF155.9 Mil) to Dec. 2023 (CHF158.1 Mil).

Accelleron Industries AG Accounts Payable & Accrued Expense Historical Data

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

Accelleron Industries AG Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

112.41

155.95

158.07

Accelleron Industries AG Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	112.41	-	155.95	131.06	158.07

Accelleron Industries AG 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.

Accelleron Industries AG (XSWX:ACLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Accelleron Industries AG (XSWX:ACLN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ACLLY:USA ACLIF:USA ACLNz:UK 0ACC:UK ZH20:Germany

Address

Baden, Aargau, Baden, CHE

Website

https://www.accelleron-industries.com

Accelleron Industries AG develop, produce and service turbochargers and digital solutions that make engines powerful and efficient. The company's solutions and services include Marine, Power, Oil & Gas, Rail. Its advanced products are used in a wide range of sectors including marine, energy and rail. The Company operates the business in the global turbocharger market for heavy duty 500 kilowatts and higher applications in two operating segments which are High Speed: which produces and services turbochargers with power outputs ranging from 500 to 5,000 kilowatts. High Speed turbochargers are used mainly in marine, electric power generation, oil & gas onshore and off-highway sites.Medium & Low Speed: produces and services turbochargers with power outputs from 3,000 to 30,000 kilowatts.

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