Credito Emiliano (MIL:CE) Accounts Payable & Accrued Expense : €184 Mil (As of Mar. 2024)

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What is Credito Emiliano Accounts Payable & Accrued Expense?

Credito Emiliano's quarterly accounts payable & accrued expense increased from Sep. 2023 (€128 Mil) to Dec. 2023 (€911 Mil) but then declined from Dec. 2023 (€911 Mil) to Mar. 2024 (€184 Mil).

Credito Emiliano's annual accounts payable & accrued expense declined from Dec. 2021 (€773 Mil) to Dec. 2022 (€759 Mil) but then increased from Dec. 2022 (€759 Mil) to Dec. 2023 (€911 Mil).

Credito Emiliano Accounts Payable & Accrued Expense Historical Data

The historical data trend for Credito Emiliano'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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Credito Emiliano Accounts Payable & Accrued Expense Chart

Credito Emiliano Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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589.18

619.38

773.35

759.09

910.91

Credito Emiliano 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															93.09	447.33	127.92	910.91	183.70

Credito Emiliano 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.

Credito Emiliano (MIL:CE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Credito Emiliano (MIL:CE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CDEFF:USA 0K93:UK EAO:Germany

Address

Via Emilia San Pietro No. 4, Reggio Emilia, ITA, 42100

Website

http://www.credem.it

Credito Emiliano is a banking group that consists of several financial services companies. The group operates in multiple regions throughout Italy, particularly in the north and central portions of the country. Its activities principally include commercial banking, including retail services and small and medium enterprise banking, asset management, bancassurance as well as Trading services, and treasury. The group's distribution network targeting retail and corporate banking customers includes branches, business centers, and financial outlets. Its wealth management activities include mutual fund management, portfolio management, as well as private equity and hedge fund offerings. The bank's funding sources derive from direct bank deposits, insurance reserves, and assets under management.