Trade accounts payable
in CHF 000 | 2020 | 2019 | ||
---|---|---|---|---|
Trade accounts payable to third parties | 67 554 | 79 769 | ||
Trade accounts payable to associates / joint ventures | 1 518 | 1 368 | ||
Total | 69 073 | 81 137 |
At CHF 69.1 million, trade accounts payable are down CHF 12.1 million on the previous year. Trade accounts payable are non-interest bearing and are normally payable within a period of 30 days.