Masterflex SE (XTER:MZX) Accounts Payable & Accrued Expense : €5.3 Mil (As of Dec. 2023)

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What is Masterflex SE Accounts Payable & Accrued Expense?

Masterflex SE's quarterly accounts payable & accrued expense declined from Jun. 2023 (€4.7 Mil) to Sep. 2023 (€4.3 Mil) but then increased from Sep. 2023 (€4.3 Mil) to Dec. 2023 (€5.3 Mil).

Masterflex SE's annual accounts payable & accrued expense increased from Dec. 2021 (€2.4 Mil) to Dec. 2022 (€4.2 Mil) and increased from Dec. 2022 (€4.2 Mil) to Dec. 2023 (€5.3 Mil).

Masterflex SE Accounts Payable & Accrued Expense Historical Data

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

Masterflex SE Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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2.43

1.80

2.43

4.25

5.26

Masterflex 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															4.25	6.20	4.72	4.29	5.26

Masterflex 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.

Masterflex SE (XTER:MZX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Masterflex SE (XTER:MZX) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

MZX:Germany

Address

Willy-Brandt-Allee 300, Gelsenkirchen, DEU, 45891

Website

https://www.masterflexgroup.com

Masterflex SE develops, manufactures and marketing of high-tech hoses and connection systems for various industrial and manufacturing applications. The company sells its products under six brands. Masterflex brand produces spiral hoses and connection systems for all industrial applications. Matzen and Timm specialize in vulcanized shapes and hoses for the aerospace sector and the automotive industry. Novoplast offers pre-formed tubes and technical tubings for medical and industrial uses. Fleima-Plastic offers injection molded parts and components for medical technology. Masterduct provides spiral hoses and connection systems as well as heating, ventilation and air conditioning elements. APT produces hoses of fluoropolymers with permanent resistance to all chemicals.

Executives

Jan Van Der Zouw

Supervisory Board

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