Euro Group Laminations SpA (MIL:EGLA) Accounts Payable & Accrued Expense : €304.0 Mil (As of Jun. 2023)

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What is Euro Group Laminations SpA Accounts Payable & Accrued Expense?

Euro Group Laminations SpA's quarterly accounts payable & accrued expense increased from Sep. 2022 (€322.6 Mil) to Dec. 2022 (€358.2 Mil) but then declined from Dec. 2022 (€358.2 Mil) to Jun. 2023 (€304.0 Mil).

Euro Group Laminations SpA's annual accounts payable & accrued expense increased from Dec. 2020 (€140.2 Mil) to Dec. 2021 (€256.5 Mil) and increased from Dec. 2021 (€256.5 Mil) to Dec. 2022 (€358.2 Mil).

Euro Group Laminations SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Euro Group Laminations SpA'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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Euro Group Laminations SpA Accounts Payable & Accrued Expense Chart

Euro Group Laminations SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

111.12

140.24

256.51

358.16

Euro Group Laminations SpA Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			256.51	-	322.59	358.16	304.00

Euro Group Laminations SpA 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.

Euro Group Laminations SpA (MIL:EGLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Group Laminations SpA (MIL:EGLA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

QK9:Germany QK9:Germany

Address

Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021

Website

https://www.euro-group.it

Euro Group Laminations SpA develops and produces stators and rotors. The group is organized into two operating segments which are EV and Automotive which operate mainly in the electric automotive sector and in general in all applications related to the automotive sector. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and diversified industries. The company earns the majority of its revenue from the Industrial segment.

Euro Group Laminations SpA (MIL:EGLA) Headlines

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