Gerresheimer AG (XTER:GXI) Accounts Payable & Accrued Expense : €345 Mil (As of Feb. 2024)

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What is Gerresheimer AG Accounts Payable & Accrued Expense?

Gerresheimer AG's quarterly accounts payable & accrued expense increased from Aug. 2023 (€314 Mil) to Nov. 2023 (€423 Mil) but then declined from Nov. 2023 (€423 Mil) to Feb. 2024 (€345 Mil).

Gerresheimer AG's annual accounts payable & accrued expense increased from Nov. 2021 (€296 Mil) to Nov. 2022 (€393 Mil) and increased from Nov. 2022 (€393 Mil) to Nov. 2023 (€423 Mil).

Gerresheimer AG Accounts Payable & Accrued Expense Historical Data

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

Gerresheimer AG Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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237.21

233.69

296.42

392.67

422.64

Gerresheimer AG Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															319.53	292.06	314.04	422.64	345.23

Gerresheimer 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.

Gerresheimer AG (XTER:GXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Gerresheimer AG (XTER:GXI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GXId:UK 0NTI:UK GXI:Germany GXI:Germany GXI:Germany GXI:Austria

Address

Klaus-Bungert-Strasse 4, Duesseldorf, NW, DEU, 40468

Website

https://www.gerresheimer.com

Gerresheimer AG provides medicine packaging, drug delivery devices, and solutions with a product range for pharma, health, well-being, and biotech. The firm operates in three segments: The plastics and devices segment consists of products for simple and safe drug delivery along with packaging for liquid and solid medicines, The primary packaging glass segment produces glass packaging products for the pharma and cosmetics industries also for food and beverage industry and The advanced technologies segment works on technical and digital solutions to improve the therapy outcome for patients. The company generates the majority of its revenue in Europe, with sales in Germany contributing the major proportion of any country.

Executives

Dietmar Siemssen	Board of Directors
Dr. Lukas Burkhardt	Board of Directors
Andrea Abt	Supervisory Board

Gerresheimer AG (XTER:GXI) Headlines

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