Saras SpA (LTS:0O2D) Accounts Payable & Accrued Expense : €1,652 Mil (As of Mar. 2024)

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What is Saras SpA Accounts Payable & Accrued Expense?

Saras SpA's quarterly accounts payable & accrued expense declined from Sep. 2023 (€1,767 Mil) to Dec. 2023 (€1,571 Mil) but then increased from Dec. 2023 (€1,571 Mil) to Mar. 2024 (€1,652 Mil).

Saras SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€1,673 Mil) to Dec. 2022 (€2,056 Mil) but then declined from Dec. 2022 (€2,056 Mil) to Dec. 2023 (€1,571 Mil).

Saras SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Saras SpA'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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Saras SpA Accounts Payable & Accrued Expense Chart

Saras SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,686.48

1,043.60

1,673.44

2,055.86

1,571.08

Saras SpA 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															1,743.98	1,666.74	1,766.59	1,571.08	1,652.20

Saras SpA 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.

Saras SpA (LTS:0O2D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saras SpA (LTS:0O2D) » Definitions » Accounts Payable & Accrued Expense

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SAAFY:USA SRS:Italy SRSm:UK

Address

S.S. 195 Sulcitana, Km 19, Cagliari, Sarroch, ITA, 09018

Website

https://www.saras.it

Saras SpA is a processor of crude oil and marketer and distributor of petroleum byproducts. Refining operations are conducted at facilities located near the Mediterranean Sea. Majority of the refineries production is medium and light distillates with low environmental impact (mainly diesel and gasoline). Under Saras Trading, the company purchases crude oils and other feedstock for the refinery, sells the refined oil, and participates in third party trading. Products sold and distributed by Saras and its subsidiaries include diesel, gasoline, heating oil, liquefied petroleum gas, naphtha, and aviation fuel. Products are sold primarily on Spanish and Italian markets. Additional services include wind farm operations, and engineering and scientific research services.

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