Phoenix Mecano AG (XSWX:PMN) Accounts Payable & Accrued Expense : CHF137.4 Mil (As of Dec. 2024)

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What is Phoenix Mecano AG Accounts Payable & Accrued Expense?

Phoenix Mecano AG's quarterly accounts payable & accrued expense increased from Dec. 2023 (CHF116.9 Mil) to Jun. 2024 (CHF129.1 Mil) and increased from Jun. 2024 (CHF129.1 Mil) to Dec. 2024 (CHF137.4 Mil).

Phoenix Mecano AG's annual accounts payable & accrued expense increased from Dec. 2022 (CHF98.1 Mil) to Dec. 2023 (CHF116.9 Mil) and increased from Dec. 2023 (CHF116.9 Mil) to Dec. 2024 (CHF137.4 Mil).

Phoenix Mecano AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Phoenix Mecano 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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Phoenix Mecano AG Accounts Payable & Accrued Expense Chart

Phoenix Mecano AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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102.62

131.14

98.12

116.93

137.39

Phoenix Mecano AG Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															98.12	109.65	116.93	129.12	137.39

Phoenix Mecano 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.

Phoenix Mecano AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Phoenix Mecano AG (XSWX:PMN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

PMNz:UK 0QKP:UK PXM0:Germany PMNE:Switzerland

Address

Hofwisenstrasse 6, Stein am Rhein, CHE, CH-8260

Website

https://www.phoenix-mecano.com

Phoenix Mecano AG is a technology company that manufactures and develops enclosures, mechanical components, and electronic components (ELCOM). It has three operating segments. Enclosures Systems are made of aluminium, plastic and glass-fibre reinforced polyester, machine control boards and suspension systems for protecting electronics; Industrial Components segment includes Aluminium profiles, pipe connection systems, conveyor components, linear units, electric cylinders, lifting columns, switches, plug connectors, and others; DewertOkin Technology Group includes fittings technology for industry and electrically adjustable furniture for the home and hospital care sectors. Geographically, it has operations in Switzerland, Germany, the UK, France, Italy, the Netherlands, and other areas.