Matthias Hohner AG (STU:HOH) Accounts Payable & Accrued Expense : €3.91 Mil (As of Sep. 2013)

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What is Matthias Hohner AG Accounts Payable & Accrued Expense?

Matthias Hohner AG's quarterly accounts payable & accrued expense declined from Sep. 2012 (€4.54 Mil) to Mar. 2013 (€3.82 Mil) but then increased from Mar. 2013 (€3.82 Mil) to Sep. 2013 (€3.91 Mil).

Matthias Hohner AG's annual accounts payable & accrued expense increased from Mar. 2011 (€3.35 Mil) to Mar. 2012 (€5.76 Mil) but then declined from Mar. 2012 (€5.76 Mil) to Mar. 2013 (€3.82 Mil).

Matthias Hohner AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Matthias Hohner 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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Matthias Hohner AG Accounts Payable & Accrued Expense Chart

Matthias Hohner AG Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Accounts Payable & Accrued Expense

2.99

3.35

5.76

3.82

Matthias Hohner AG Semi-Annual Data
	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			3.33	5.76	4.54	3.82	3.91

Matthias Hohner 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.

Matthias Hohner AG (STU:HOH) Business Description

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Traded in Other Exchanges

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Address

Website

http://www.hohner.de

Matthias Hohner AG is engaged in the production, development and distribution of musical instruments. Its range of products includes harmonicas, recorders, accordions, guitars, grand pianos, digital pianos, amplifiers, melodicas and various accessories.

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