MAX Automation SE (XTER:MXHN) Accounts Payable & Accrued Expense : €32.3 Mil (As of Dec. 2023)

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What is MAX Automation SE Accounts Payable & Accrued Expense?

MAX Automation SE's quarterly accounts payable & accrued expense declined from Jun. 2023 (€45.8 Mil) to Sep. 2023 (€45.4 Mil) and declined from Sep. 2023 (€45.4 Mil) to Dec. 2023 (€32.3 Mil).

MAX Automation SE's annual accounts payable & accrued expense increased from Dec. 2021 (€24.6 Mil) to Dec. 2022 (€39.8 Mil) but then declined from Dec. 2022 (€39.8 Mil) to Dec. 2023 (€32.3 Mil).

MAX Automation SE Accounts Payable & Accrued Expense Historical Data

The historical data trend for MAX Automation 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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MAX Automation SE Accounts Payable & Accrued Expense Chart

MAX Automation SE Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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27.38

19.32

24.59

39.77

32.28

MAX Automation SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															39.77	45.20	45.84	45.39	32.28

MAX Automation 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.

MAX Automation SE (XTER:MXHN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MAX Automation SE (XTER:MXHN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MXHN:Germany MXHN:Germany MXHN:Germany

Address

Fritz-Vomfelde-Street 34, Dusseldorf, NW, DEU, 40547

Website

https://www.maxautomation.com

MAX Automation SE is a medium-sized finance and investment company with an actively managed portfolio of operationally independent portfolio companies in attractive and fastgrowing niche markets. The present portfolio of companies consists of ten portfolio companies and their respective subsidiaries which develop, manufacture and distribute a diversified portfolio of technologically complex machinery, equipment, and integrated automation solutions as well as complementary services such as consulting, production support, maintenance, and repair for their customers both in Germany and internationally.

Executives

Dr. Christian Diekmann	Managing Director (CEO)
Hartmut Buscher	Member of the Supervisory Board/Managing Director (CFO)
Dr. Ralf Guckert	Managing Director (COO)

MAX Automation SE (XTER:MXHN) Headlines

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