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Spindox SpA (MIL:SPN) Accounts Payable & Accrued Expense : €27.98 Mil (As of Dec. 2023)


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What is Spindox SpA Accounts Payable & Accrued Expense?

Spindox SpA's quarterly accounts payable & accrued expense declined from Dec. 2022 (€31.71 Mil) to Jun. 2023 (€27.02 Mil) but then increased from Jun. 2023 (€27.02 Mil) to Dec. 2023 (€27.98 Mil).

Spindox SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€19.77 Mil) to Dec. 2022 (€31.71 Mil) but then declined from Dec. 2022 (€31.71 Mil) to Dec. 2023 (€27.98 Mil).


Spindox SpA Accounts Payable & Accrued Expense Historical Data

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

Spindox SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
13.22 16.57 19.77 31.71 27.98

Spindox SpA Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 19.77 21.50 31.71 27.02 27.98

Spindox 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.


Spindox SpA (MIL:SPN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Spindox SpA (MIL:SPN) » Definitions » Accounts Payable & Accrued Expense
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Address
via Bisceglie 76, Milan, ITA, 20152
Spindox SpA operates in the Information and Communication Technology services and products market. It offers consulting, IT and network engineering services, AI technological solutions, and research support in the Italian market.

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