Tesmec SpA (MIL:TES) Accounts Payable & Accrued Expense : €0.0 Mil (As of Dec. 2023)

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What is Tesmec SpA Accounts Payable & Accrued Expense?

Tesmec SpA's quarterly accounts payable & accrued expense increased from Jun. 2023 (€81.9 Mil) to Sep. 2023 (€90.3 Mil) but then declined from Sep. 2023 (€90.3 Mil) to Dec. 2023 (€0.0 Mil).

Tesmec SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€62.3 Mil) to Dec. 2022 (€81.9 Mil) but then declined from Dec. 2022 (€81.9 Mil) to Dec. 2023 (€0.0 Mil).

Tesmec SpA Accounts Payable & Accrued Expense Historical Data

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

Tesmec SpA Annual Data

Trend

Dec14

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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65.64

67.91

62.29

81.90

Tesmec 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															84.09	81.94	90.34	-	-

Tesmec 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.

Tesmec SpA (MIL:TES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tesmec SpA (MIL:TES) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

2GV:Germany

Address

Via Zanica 17/O, Grassobbio, Bergamo, ITA, 24050

Website

https://www.tesmec.com

Tesmec SpA manufactures and sells products, technologies, and integrated solutions for the construction, maintenance, and efficiency of infrastructures. related to the transport and distribution of energy, data, and material (oil and derivatives, gas, water) like overhead and underground networks, traditional and high-speed railway lines, energy cables, and pipelines. Its operating segments are the Energy segment, the Trencher segment, and the Rail segment. The majority of the company's revenue is generated from the Trencher segment.

Tesmec SpA (MIL:TES) Headlines

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