The Shyft Group (FRA:SP8) Change In Payables And Accrued Expense : €-20.3 Mil (TTM As of Mar. 2024)

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What is The Shyft Group Change In Payables And Accrued Expense?

The Shyft Group's Change In Payables And Accrued Expense for the quarter that ended in Mar. 2024 was €-10.1 Mil. It means The Shyft Group's Accounts Payable & Accrued Expense declined by €10.1 Mil from Dec. 2023 to Mar. 2024 .

The Shyft Group's Change In Payables And Accrued Expense for the fiscal year that ended in Dec. 2023 was €-26.4 Mil. It means The Shyft Group's Accounts Payable & Accrued Expense declined by €26.4 Mil from Dec. 2022 to Dec. 2023 .

The Shyft Group Change In Payables And Accrued Expense Historical Data

The historical data trend for The Shyft Group's Change In Payables And 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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The Shyft Group Change In Payables And Accrued Expense Chart

The Shyft Group Annual Data

Trend

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Dec22

Dec23

Change In Payables And Accrued Expense

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-10.63

-8.03

32.69

35.74

-26.41

The Shyft Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															-16.33	-20.24	14.11	-4.09	-10.11

The Shyft Group Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-20.3 Mil.

The Shyft Group Change In Payables And Accrued Expense Related Terms

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The Shyft Group (FRA:SP8) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SHYF:USA

Address

41280 Bridge Street, Novi, MI, USA, 48375

Website

https://www.theshyftgroup.com

The Shyft Group Inc is engaged in specialty vehicle manufacturing and assembly for the commercial vehicle (including last-mile delivery, specialty service and vocation-specific upfit segments) and recreational vehicle industries. Its products include walk-in vans, truck bodies, and cargo van and pick-up truck upfits used in e-commerce/parcel delivery, upfit equipment used in the mobile retail and utility trades, as well as luxury Class A diesel motorhome custom chassis and contract manufacturing and assembly services. It also supply replacement parts and offer repair, maintenance, field service and refurbishment services for the vehicles that company manufacture.

The Shyft Group (FRA:SP8) Headlines

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