Homag Group AG (FRA:HG1) Accounts Payable & Accrued Expense : €274.36 Mil (As of Dec. 2023)

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What is Homag Group AG Accounts Payable & Accrued Expense?

Homag Group AG's quarterly accounts payable & accrued expense declined from Dec. 2022 (€274.40 Mil) to Jun. 2023 (€211.58 Mil) but then increased from Jun. 2023 (€211.58 Mil) to Dec. 2023 (€274.36 Mil).

Homag Group AG's annual accounts payable & accrued expense declined from Dec. 2021 (€280.59 Mil) to Dec. 2022 (€274.40 Mil) and declined from Dec. 2022 (€274.40 Mil) to Dec. 2023 (€274.36 Mil).

Homag Group AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Homag Group 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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Homag Group AG Accounts Payable & Accrued Expense Chart

Homag Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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116.73

195.28

280.59

274.40

274.36

Homag Group AG Semi-Annual 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															280.59	184.15	274.40	211.58	274.36

Homag Group 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.

Homag Group AG (FRA:HG1) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Homag Group AG (FRA:HG1) » Definitions » Accounts Payable & Accrued Expense

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HG1:Germany HG1:Germany

Address

Homagstrasse 3-5, Schopfloch, DEU, 72296

Website

http://www.homag-group.com

Homag Group AG is a German-based company that manufactures machines and equipment for the woodworking industry. The company operates its business in four segments namely Industry segment, Cabinet shops, Sales & Service segment, and others. Maximum revenue comes from an industry segment which includes solutions for industrial companies based on plants, machines, information, control technology, and woodworking processes. The company carries its operations in the European region including Central, Western and Eastern Europe, American region including North and South America, Asia Pacific and Central Europe. The majority of the company's revenue comes from Central Europe.

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