Market Cap : 6.32 B | Enterprise Value : 5.78 B | PE Ratio : 20.38 | PB Ratio : 2.94 |
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GEA Group AG's quarterly accounts payable & accrued expense increased from Sep. 2021 (€680 Mil) to Dec. 2021 (€853 Mil) but then declined from Dec. 2021 (€853 Mil) to Mar. 2022 (€781 Mil).
GEA Group AG's annual accounts payable & accrued expense declined from Dec. 2019 (€816 Mil) to Dec. 2020 (€773 Mil) but then increased from Dec. 2020 (€773 Mil) to Dec. 2021 (€853 Mil).
The historical data trend for GEA Group 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.
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.
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