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XBP Europe Holdings (XBP Europe Holdings) Accounts Payable & Accrued Expense : $50.7 Mil (As of Mar. 2024)


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What is XBP Europe Holdings Accounts Payable & Accrued Expense?

XBP Europe Holdings's quarterly accounts payable & accrued expense declined from Sep. 2023 ($70.0 Mil) to Dec. 2023 ($48.6 Mil) but then increased from Dec. 2023 ($48.6 Mil) to Mar. 2024 ($50.7 Mil).

XBP Europe Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($52.5 Mil) to Dec. 2022 ($73.9 Mil) but then declined from Dec. 2022 ($73.9 Mil) to Dec. 2023 ($48.6 Mil).

XBP Europe Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for XBP Europe Holdings'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.

* Premium members only.

XBP Europe Holdings Accounts Payable & Accrued Expense Chart

XBP Europe Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
- 57.44 52.51 73.87 48.62

XBP Europe Holdings Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.69 72.91 70.04 48.62 50.68

XBP Europe Holdings 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.

XBP Europe Holdings (XBP Europe Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » XBP Europe Holdings Inc (NAS:XBP) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
2701 East Grauwyler Road, Irving, TX, USA, 75061
Website
https://www.xbpeurope.com
XBP Europe Holdings Inc is a pan-European integrator of bills, payments and related solutions and services seeking to enable the digital transformation of its more than 2,000 clients. The company's name - XBP stands for exchange for bills and payments and reflects the company's strategy to connect buyers and suppliers, across industries, including banking, healthcare, insurance, utilities and the public sector, to optimize clients' bills and payments and related digitization processes. The company provides business process management solutions with proprietary software suites and deep domain expertise, serving as a technology and services partner for its clients. Its cloud-based structure enables it to deploy its solutions across the European market, the Middle East, and Africa.