Mycronic AB (Mycronic AB) Accounts Payable & Accrued Expense : $43.0 Mil (As of Mar. 2024)

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What is Mycronic AB Accounts Payable & Accrued Expense?

Mycronic AB's quarterly accounts payable & accrued expense increased from Sep. 2023 ($36.4 Mil) to Dec. 2023 ($46.4 Mil) but then declined from Dec. 2023 ($46.4 Mil) to Mar. 2024 ($43.0 Mil).

Mycronic AB's annual accounts payable & accrued expense declined from Dec. 2021 ($35.1 Mil) to Dec. 2022 ($34.7 Mil) but then increased from Dec. 2022 ($34.7 Mil) to Dec. 2023 ($46.4 Mil).

Mycronic AB Accounts Payable & Accrued Expense Historical Data

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

Mycronic AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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38.17

32.88

35.10

34.69

46.41

Mycronic AB 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															34.46	34.82	36.36	46.41	43.03

Mycronic AB 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.

Mycronic AB (Mycronic AB) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

MYCR:Sweden 0MQG:UK MLT:Germany

Address

Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03

Website

https://www.mycronic.com

Mycronic AB develops solutions for advanced electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, and markets mask writers and measuring machines for the production of advanced photomasks for displays; The High Flex division develops, manufactures, and markets surface mount technology (SMT) and inspection equipment, focusing on markets for flexible manufacture, primarily in Europe and the USA; The High Volume division develops, manufactures and markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes advanced production solutions with high levels of differentiation.