New Work SE (FRA:NWO) Accounts Payable & Accrued Expense

: €17.4 Mil (As of Dec. 2023)

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New Work SE's quarterly accounts payable & accrued expense declined from Jun. 2023 (€22.0 Mil) to Sep. 2023 (€15.3 Mil) but then increased from Sep. 2023 (€15.3 Mil) to Dec. 2023 (€17.4 Mil).

New Work SE's annual accounts payable & accrued expense increased from Dec. 2021 (€20.1 Mil) to Dec. 2022 (€22.1 Mil) but then declined from Dec. 2022 (€22.1 Mil) to Dec. 2023 (€17.4 Mil).

New Work SE Accounts Payable & Accrued Expense Historical Data

The historical data trend for New Work SE'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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New Work SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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15.02

19.33

20.10

22.10

17.43

New Work SE 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															22.10	16.31	22.01	15.32	17.43

New Work SE 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.

New Work SE (FRA:NWO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » New Work SE (FRA:NWO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

0OR4:UK NWO:Germany

Address

Am Strandkai 1, Hamburg, DEU, 20457

Website

https://www.new-work.se

New Work SE is a German technology company offering online business platforms for professionals to network and share ideas, and jobs opportunities, among others. The company organizes itself into three business segments: B2C, B2B e-recruiting and B2B marketing solutions. The B2C segment serves the members of social networking websites such as kunnu.com or xing.com to network with professionals and find suitable jobs, the B2B e-recruiting segment serves customers who want to access the talent pool, B2B marketing solutions & events cater to advertising and events clients, and the kunnu International segment includes business activities outside Germany, Austria and Switzerland. The B2B e-recruiting segments generate the majority of the company's revenue.

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