Mikron Holding AG (CHIX:MIKNZ) Accounts Payable & Accrued Expense : CHF25.6 Mil (As of Dec. 2023)

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What is Mikron Holding AG Accounts Payable & Accrued Expense?

Mikron Holding AG's quarterly accounts payable & accrued expense declined from Dec. 2022 (CHF25.6 Mil) to Jun. 2023 (CHF0.0 Mil) but then increased from Jun. 2023 (CHF0.0 Mil) to Dec. 2023 (CHF25.6 Mil).

Mikron Holding AG's annual accounts payable & accrued expense increased from Dec. 2021 (CHF17.5 Mil) to Dec. 2022 (CHF25.6 Mil) but then declined from Dec. 2022 (CHF25.6 Mil) to Dec. 2023 (CHF25.6 Mil).

Mikron Holding AG Accounts Payable & Accrued Expense Historical Data

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

Mikron Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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20.24

20.40

17.53

25.63

25.55

Mikron Holding AG Quarterly Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															17.53	-	25.63	-	25.55

Mikron Holding 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.

Mikron Holding AG (CHIX:MIKNZ) Business Description

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MIKN:Switzerland

Address

Muhlebrucke 2, Biel, CHE, CH-2502

Website

https://www.mikron.com

Mikron Holding AG operates in automation and machining systems that enable extremely precise and productive manufacturing processes. The group engages in the automotive, pharmaceutical, medtech, consumer goods, and watchmaking industries. The business activities are operated through Mikron Machining Solutions and Mikron Automation segments. The Mikron Machining Solutions segment offers customized machining solutions for the manufacturing of complex high-precision components made of metal, such as turbocharger housings, injection nozzles, and ballpoint pen tips. The Mikron Automation segment is a key revenue driver, and manufactures customized automation solutions for the assembly and testing of products.

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