Technos (BSP:TECN3) Accounts Payable & Accrued Expense : R$67.7 Mil (As of Dec. 2023)

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What is Technos Accounts Payable & Accrued Expense?

Technos's quarterly accounts payable & accrued expense increased from Jun. 2023 (R$72.6 Mil) to Sep. 2023 (R$82.9 Mil) but then declined from Sep. 2023 (R$82.9 Mil) to Dec. 2023 (R$67.7 Mil).

Technos's annual accounts payable & accrued expense declined from Dec. 2021 (R$91.5 Mil) to Dec. 2022 (R$60.6 Mil) but then increased from Dec. 2022 (R$60.6 Mil) to Dec. 2023 (R$67.7 Mil).

Technos Accounts Payable & Accrued Expense Historical Data

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

Technos Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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121.16

58.74

91.55

60.57

67.65

Technos Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															60.57	66.89	72.62	82.94	67.65

Technos 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.

Technos (BSP:TECN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Technos SA (BSP:TECN3) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Avenida das Américas No. 3443, Room 101, Block 4, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22631003

Website

http://www.technos.com.br

Technos SA is primarily engaged in the manufacture and marketing of watches. The company produces and sells watches to middle class under brand name Technos, Mormii and Seiko. It acquired the rights to distribute and use the Timex brand exclusively throughout the national territory. In addition, the company also distribute brand name called Allora and Touch in the fashion segment. It derives most of its revenues from the sale of the watches and yarn and has operations spread across Brazil.

Technos (BSP:TECN3) Headlines

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