Ekotechnika AG (XTER:ETE) Accounts Payable & Accrued Expense : €8.7 Mil (As of Sep. 2023)

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What is Ekotechnika AG Accounts Payable & Accrued Expense?

Ekotechnika AG's quarterly accounts payable & accrued expense declined from Sep. 2022 (€15.6 Mil) to Mar. 2023 (€8.5 Mil) but then increased from Mar. 2023 (€8.5 Mil) to Sep. 2023 (€8.7 Mil).

Ekotechnika AG's annual accounts payable & accrued expense declined from Sep. 2021 (€44.7 Mil) to Sep. 2022 (€15.6 Mil) and declined from Sep. 2022 (€15.6 Mil) to Sep. 2023 (€8.7 Mil).

Ekotechnika AG Accounts Payable & Accrued Expense Historical Data

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

Ekotechnika AG Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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47.69

48.28

44.72

15.61

8.67

Ekotechnika AG Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													44.72	38.13	15.61	8.53	8.67

Ekotechnika 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.

Ekotechnika AG (XTER:ETE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ekotechnika AG (XTER:ETE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Johann-Jakob-Astor-Strasse 49, Walldorf, BW, DEU, 69190

Website

https://www.ekotechnika.de

Ekotechnika AG is a dealer of agricultural machinery. The company offers tractors, milking machines, spare parts, customer service and smart farming. Its business segments are classified into new machinery, spare parts, service, and smart farming. Its geographical segments include the Central region, Black earth region, and Siberian region. Majority of its revenue derived from Central region segment.

Executives

Lars Bjarne Buwitt

Supervisory Board

Ekotechnika AG (XTER:ETE) Headlines

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