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Bechtle AG (FRA:BC8) Accounts Payable & Accrued Expense : €559 Mil (As of Mar. 2024)


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What is Bechtle AG Accounts Payable & Accrued Expense?

Bechtle AG's quarterly accounts payable & accrued expense increased from Sep. 2023 (€554 Mil) to Dec. 2023 (€718 Mil) but then declined from Dec. 2023 (€718 Mil) to Mar. 2024 (€559 Mil).

Bechtle AG's annual accounts payable & accrued expense increased from Dec. 2021 (€681 Mil) to Dec. 2022 (€815 Mil) but then declined from Dec. 2022 (€815 Mil) to Dec. 2023 (€718 Mil).

Bechtle AG Accounts Payable & Accrued Expense Historical Data

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

Bechtle AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 473.48 522.76 680.88 814.70 718.07

Bechtle AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 615.65 557.26 553.69 718.07 558.74

Bechtle 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.

Bechtle AG (FRA:BC8) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Bechtle AG (FRA:BC8) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
BECTY:USA BHTLF:USA 0DPM:UK BC8:Germany BC8:Austria
Address
Bechtle Platz 1, Neckarsulm, BW, DEU, 74172
Website
https://www.bechtle.com
Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. Bechtle operates through two segments: IT System House and Managed Services, and IT E-commerce. The IT System House and Managed Services segment consist of IT strategy consulting, hardware and software sales, project planning and roll-out, system integrations, IT services and training, and client management, among others. The IT E-commerce segment includes e-procurement services, software solutions, and product marketing through the Internet and telemarketing.
Executives
Klaus Winkler Supervisory Board

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