PIERER Mobility AG (FRA:PKTM) Accounts Payable & Accrued Expense : €484 Mil (As of Jun. 2024)

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What is PIERER Mobility AG Accounts Payable & Accrued Expense?

PIERER Mobility AG's quarterly accounts payable & accrued expense increased from Jun. 2023 (€740 Mil) to Dec. 2023 (€743 Mil) but then declined from Dec. 2023 (€743 Mil) to Jun. 2024 (€484 Mil).

PIERER Mobility AG's annual accounts payable & accrued expense increased from Dec. 2021 (€462 Mil) to Dec. 2022 (€813 Mil) but then declined from Dec. 2022 (€813 Mil) to Dec. 2023 (€743 Mil).

PIERER Mobility AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for PIERER Mobility 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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PIERER Mobility AG Accounts Payable & Accrued Expense Chart

PIERER Mobility AG Annual Data

Trend

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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253.00

303.38

461.57

812.98

743.08

PIERER Mobility AG Semi-Annual Data
	Sep14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															587.37	812.98	739.92	743.08	483.50

PIERER Mobility 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.

PIERER Mobility AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PIERER Mobility AG (FRA:PKTM) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

PIERF:USA PKTMz:UK PKTM:Germany PKTM:Switzerland PKTM:Austria

Address

Edisonstrasse 1, Wels, AUT, 4600

Website

https://www.pierermobility.com

PIERER Mobility AG is an automotive niche player that includes renowned brands KTM, Husqvarna, GASGAS, and MV Agusta Motorcycles. The reportable segments of the company are; Motorcycles, Bicycles, and Others. The Motorcycles segment which generates the majority of the revenue, comprises the development, production and distribution of motorcycles under the KTM, Husqvarna Motorcycles, and GASGAS brands as well as components of the WP brand. The Bicycles segment's focus is on developing, manufacturing and trading e-bicycles and bicycles under Husqvarna E-Bicycles, GASGAS Bicycles, Liteville, and Johansson brands. Geographically, key revenue for the company is derived from Europe (without Austria), and the rest from North America and Mexico, Austria, and other regions.

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