AMETEK (FRA:AK1) Accounts Payable & Accrued Expense : €971 Mil (As of Mar. 2024)

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What is AMETEK Accounts Payable & Accrued Expense?

AMETEK's quarterly accounts payable & accrued expense declined from Sep. 2023 (€943 Mil) to Dec. 2023 (€733 Mil) but then increased from Dec. 2023 (€733 Mil) to Mar. 2024 (€971 Mil).

AMETEK's annual accounts payable & accrued expense increased from Dec. 2021 (€616 Mil) to Dec. 2022 (€680 Mil) and increased from Dec. 2022 (€680 Mil) to Dec. 2023 (€733 Mil).

AMETEK Accounts Payable & Accrued Expense Historical Data

The historical data trend for AMETEK'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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AMETEK Accounts Payable & Accrued Expense Chart

AMETEK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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510.49

476.52

616.09

680.25

733.33

AMETEK Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															938.48	879.78	942.86	733.33	970.81

AMETEK 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.

AMETEK (FRA:AK1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AMETEK Inc (FRA:AK1) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AME:USA AME:Mexico A1ME34:Brazil

Address

1100 Cassatt Road, Berwyn, PA, USA, 19312-1177

Website

https://www.ametek.com

Ametek is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. About half of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.

AMETEK (FRA:AK1) Headlines

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