Tecnotree (OHEL:TEM1V) Accounts Payable & Accrued Expense : €12.10 Mil (As of Mar. 2024)

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What is Tecnotree Accounts Payable & Accrued Expense?

Tecnotree's quarterly accounts payable & accrued expense declined from Sep. 2023 (€11.80 Mil) to Dec. 2023 (€4.56 Mil) but then increased from Dec. 2023 (€4.56 Mil) to Mar. 2024 (€12.10 Mil).

Tecnotree's annual accounts payable & accrued expense increased from Dec. 2021 (€1.35 Mil) to Dec. 2022 (€5.37 Mil) but then declined from Dec. 2022 (€5.37 Mil) to Dec. 2023 (€4.56 Mil).

Tecnotree Accounts Payable & Accrued Expense Historical Data

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

Tecnotree Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2.40

2.09

1.35

5.37

4.56

Tecnotree 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															14.30	13.20	11.80	4.56	12.10

Tecnotree 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.

Tecnotree (OHEL:TEM1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tecnotree Corp (OHEL:TEM1V) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

3TT:Germany

Address

Tekniikantie 14, Espoo, FIN, 02150

Website

https://www.tecnotree.com

Tecnotree Corp is a provider of information technology solutions for the management of services, products, customers, and revenue for communications service providers. Its product offerings consist of partner and customer lifecycle management, digital marketplace, business analytics, real-time convergent billing, and order management. Geographically, the company operates in Europe and Americas (Europe, North, Central and South America), MEA and APAC (the Middle East and Africa and the Asia Pacific ). It derives key revenue from the MEA and APAC geographical division.

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