Nikon SLM Solutions AG (Nikon SLM Solutions AG) Accounts Payable & Accrued Expense : $15.3 Mil (As of Jun. 2023)

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What is Nikon SLM Solutions AG Accounts Payable & Accrued Expense?

Nikon SLM Solutions AG's quarterly accounts payable & accrued expense increased from Dec. 2022 ($12.5 Mil) to Mar. 2023 ($13.1 Mil) and increased from Mar. 2023 ($13.1 Mil) to Jun. 2023 ($15.3 Mil).

Nikon SLM Solutions AG's annual accounts payable & accrued expense increased from Dec. 2020 ($9.0 Mil) to Dec. 2021 ($12.5 Mil) but then declined from Dec. 2021 ($12.5 Mil) to Dec. 2022 ($12.5 Mil).

Nikon SLM Solutions AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nikon SLM Solutions 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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Nikon SLM Solutions AG Accounts Payable & Accrued Expense Chart

Nikon SLM Solutions AG Annual Data

Trend

Dec13

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Dec22

Accounts Payable & Accrued Expense

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11.31

5.96

8.98

12.48

Nikon SLM Solutions AG Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															10.64	10.39	12.48	13.13	15.30

Nikon SLM Solutions 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.

Nikon SLM Solutions AG (Nikon SLM Solutions AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nikon SLM Solutions AG (OTCPK:SLGRF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Estlandring 4, Lubeck, SH, DEU, 23564

Website

https://www.slm-solutions.com

Nikon SLM Solutions AG Formerly SLM Solutions Group AG is a developer of industrial metal 3D printing machines focused on metal additive manufacturing and multi-laser technology for the aerospace and defense, automotive, energy, healthcare, tooling, and research markets. The company focuses on the development, production, and sale of machines for selective laser melting. It also focuses on research and development of technology in the manufacturing area, providing customer training sessions, consulting and financing services, machine-related services, the sale of replacement parts and accessories, and also the sale of merchandise. SLM manages its business in two segments namely the Machine Sales segment and the After-sales segment.