Flex (FRA:FXI) Current Accrued Expense : €449 Mil (As of Mar. 2024)

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What is Flex Current Accrued Expense?

Flex's Current Accrued Expense for the quarter that ended in Mar. 2024 was €449 Mil.

Flex's quarterly Current Accrued Expense increased from Sep. 2023 (€469 Mil) to Dec. 2023 (€470 Mil) but then declined from Dec. 2023 (€470 Mil) to Mar. 2024 (€449 Mil).

Flex's annual Current Accrued Expense increased from Mar. 2022 (€427 Mil) to Mar. 2023 (€488 Mil) but then declined from Mar. 2023 (€488 Mil) to Mar. 2024 (€449 Mil).

Flex Current Accrued Expense Historical Data

The historical data trend for Flex's Current 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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Flex Current Accrued Expense Chart

Flex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Current Accrued Expense

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329.42

397.32

426.76

487.55

448.96

Flex Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Current Accrued Expense	Get a 7-Day Free Trial															487.55	437.50	468.50	470.42	448.96

Flex Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Flex Current Accrued Expense Related Terms

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Flex (FRA:FXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Flex Ltd (FRA:FXI) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

FLEX:USA FLEX:Mexico

Address

2 Changi South Lane, Singapore, SGP, 486123

Website

https://www.flex.com

Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product management services to global electronics and technology companies. The company's operating segments include Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. Flex Agility Solutions segment includes markets such as Communications, Enterprise and Cloud; Lifestyle; and Consumer Devices. Flex Reliability Solutions segment includes markets such as Automotive, Health Solutions, and Industrial. The Nextracker segment provides solar tracker technologies that optimize and increase energy production. The company's geographical segments include China, Mexico, the United States, Brazil, Malaysia, Hungary, and Others.