CeoTronics AG (STU:CEK) Accounts Payable & Accrued Expense : €1.40 Mil (As of Nov. 2023)

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What is CeoTronics AG Accounts Payable & Accrued Expense?

CeoTronics AG's quarterly accounts payable & accrued expense increased from Nov. 2022 (€1.06 Mil) to May. 2023 (€1.86 Mil) but then declined from May. 2023 (€1.86 Mil) to Nov. 2023 (€1.40 Mil).

CeoTronics AG's annual accounts payable & accrued expense increased from May. 2021 (€1.20 Mil) to May. 2022 (€1.70 Mil) and increased from May. 2022 (€1.70 Mil) to May. 2023 (€1.86 Mil).

CeoTronics AG Accounts Payable & Accrued Expense Historical Data

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

CeoTronics AG Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

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1.60

2.16

1.20

1.70

1.86

CeoTronics AG Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.95	1.70	1.06	1.86	1.40

CeoTronics AG 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.

CeoTronics AG (STU:CEK) Business Description

Industry

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Traded in Other Exchanges

CEK:Germany

Address

Ceotronics AG, Adam-opel-strac E 6, Rödermark, DEU, 63322

Website

http://www.ceotronics.com

CeoTronics AG is a provider of short-range mobile digital wireless radio networks and communication headsets and systems for professional use.

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