Art's-Way Manufacturing Co (FRA:ID2) Accounts Payable & Accrued Expense : €2.02 Mil (As of Feb. 2024)

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What is Art's-Way Manufacturing Co Accounts Payable & Accrued Expense?

Art's-Way Manufacturing Co's quarterly accounts payable & accrued expense declined from Aug. 2023 (€3.69 Mil) to Nov. 2023 (€3.38 Mil) and declined from Nov. 2023 (€3.38 Mil) to Feb. 2024 (€2.02 Mil).

Art's-Way Manufacturing Co's annual accounts payable & accrued expense increased from Nov. 2021 (€2.55 Mil) to Nov. 2022 (€3.61 Mil) but then declined from Nov. 2022 (€3.61 Mil) to Nov. 2023 (€3.38 Mil).

Art's-Way Manufacturing Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Art's-Way Manufacturing Co'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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Art's-Way Manufacturing Co Accounts Payable & Accrued Expense Chart

Art's-Way Manufacturing Co Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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2.12

2.74

2.55

3.61

3.38

Art's-Way Manufacturing Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.56	3.22	3.69	3.38	2.02

Art's-Way Manufacturing Co 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.

Art's-Way Manufacturing Co (FRA:ID2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Art's-Way Manufacturing Co Inc (FRA:ID2) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ARTW:USA

Address

5556 Highway 9, P.O. Box 288, Armstrong, IA, USA, 50514

Website

https://www.artsway-mfg.com

Art's-Way Manufacturing Co Inc is a manufacturer of agricultural equipment. It has three reportable segments: Agricultural Products, Modular Buildings, and Tools. The Agricultural Products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and worldwide. Its Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. The Tools segment manufactures steel cutting tools and inserts. It derives revenues from the Agricultural Products segment.

Art's-Way Manufacturing Co (FRA:ID2) Headlines

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