Tubos Reunidos (XMAD:TRG) Accounts Payable & Accrued Expense : €88.7 Mil (As of Dec. 2023)

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What is Tubos Reunidos Accounts Payable & Accrued Expense?

Tubos Reunidos's quarterly accounts payable & accrued expense declined from Dec. 2022 (€123.7 Mil) to Jun. 2023 (€11.0 Mil) but then increased from Jun. 2023 (€11.0 Mil) to Dec. 2023 (€88.7 Mil).

Tubos Reunidos's annual accounts payable & accrued expense increased from Dec. 2021 (€114.2 Mil) to Dec. 2022 (€123.7 Mil) but then declined from Dec. 2022 (€123.7 Mil) to Dec. 2023 (€88.7 Mil).

Tubos Reunidos Accounts Payable & Accrued Expense Historical Data

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

Tubos Reunidos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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70.81

69.97

114.18

123.74

88.74

Tubos Reunidos Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															114.18	7.51	123.74	10.99	88.74

Tubos Reunidos 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.

Tubos Reunidos (XMAD:TRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tubos Reunidos SA (XMAD:TRG) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

TU1:Germany

Address

Barrio de Sagarribai, 2, Amurrio, Alava, ESP, 01470

Website

http://www.tubosreunidos.com

Tubos Reunidos SA is a holding company. The company operates in the areas of the seamless tube, distribution, automotive and other sectors. Its products are essentially required by the energy sector; Oil and Gas, electrical power generation and petrochemical industry, as well as by machinery and special industrial applications. The product portfolio includes tubes manufactured in carbon, alloyed, high allowed and stainless, steels.

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