Adtran Networks SE (XTER:ADV) Accounts Payable & Accrued Expense : €43.3 Mil (As of Jun. 2024)

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What is Adtran Networks SE Accounts Payable & Accrued Expense?

Adtran Networks SE's quarterly accounts payable & accrued expense declined from Jun. 2023 (€74.8 Mil) to Dec. 2023 (€53.5 Mil) and declined from Dec. 2023 (€53.5 Mil) to Jun. 2024 (€43.3 Mil).

Adtran Networks SE's annual accounts payable & accrued expense increased from Dec. 2021 (€95.0 Mil) to Dec. 2022 (€104.7 Mil) but then declined from Dec. 2022 (€104.7 Mil) to Dec. 2023 (€53.5 Mil).

Adtran Networks SE Accounts Payable & Accrued Expense Historical Data

The historical data trend for Adtran Networks SE'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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Adtran Networks SE Accounts Payable & Accrued Expense Chart

Adtran Networks SE Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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80.67

51.63

94.98

104.74

53.51

Adtran Networks SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															104.74	86.67	74.81	53.51	43.31

Adtran Networks SE 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.

Adtran Networks SE Business Description

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ADVOF:USA 0NOL:UK

Address

901 Explorer Boulevard, Huntsville, AL, USA, 35806-2807

Website

https://www.adva.com

Adtran Networks SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises to deliver data, storage, voice, and video services. Company segment includes: Network Solutions; and Services and Support,These systems are used by telecommunications service providers, private companies, universities, and government agencies. Some of its product categories are Open optical transport, Packet edge and aggregation, Disaggregated networking, Network virtualization, Network infrastructure assurance, and Automated network management. ADVA's geographical segments are Germany; the Rest of Europe, the Middle East and Africa; the Americas; and Asia-Pacific.