IBU-tec advanced materials AG (XTER:IBU) Accounts Payable & Accrued Expense : €4.72 Mil (As of Dec. 2022)

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What is IBU-tec advanced materials AG Accounts Payable & Accrued Expense?

IBU-tec advanced materials AG's quarterly accounts payable & accrued expense declined from Dec. 2021 (€4.47 Mil) to Jun. 2022 (€4.47 Mil) but then increased from Jun. 2022 (€4.47 Mil) to Dec. 2022 (€4.72 Mil).

IBU-tec advanced materials AG's annual accounts payable & accrued expense increased from Dec. 2021 (€4.47 Mil) to Dec. 2022 (€4.72 Mil) but then declined from Dec. 2022 (€4.72 Mil) to Dec. 2023 (€3.40 Mil).

IBU-tec advanced materials AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for IBU-tec advanced materials 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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IBU-tec advanced materials AG Accounts Payable & Accrued Expense Chart

IBU-tec advanced materials AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3.14

2.40

4.47

4.72

3.40

IBU-tec advanced materials AG Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										5.42	4.47	4.47	4.72	3.40

IBU-tec advanced materials 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.

IBU-tec advanced materials AG (XTER:IBU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » IBU-tec advanced materials AG (XTER:IBU) » Definitions » Accounts Payable & Accrued Expense

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0UNS:UK

Address

Hainweg 9-11, Weimar, TH, DEU, 99425

Website

https://www.ibu-tec.com

IBU-tec advanced materials AG is a provider of custom development and production services by means of thermal process technology in the field of the inorganic chemical industry. The company offers services such as Material development and analytics, Process trials and scale-up, Tolling services, Process, and plant optimization, among others.

Executives

Ulrich Weitz

Board of Directors

IBU-tec advanced materials AG (XTER:IBU) Headlines

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