Converge Technology Solutions (STU:0ZB) Accounts Payable & Accrued Expense : €631 Mil (As of Dec. 2023)

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What is Converge Technology Solutions Accounts Payable & Accrued Expense?

Converge Technology Solutions's quarterly accounts payable & accrued expense increased from Jun. 2023 (€572 Mil) to Sep. 2023 (€630 Mil) and increased from Sep. 2023 (€630 Mil) to Dec. 2023 (€631 Mil).

Converge Technology Solutions's annual accounts payable & accrued expense increased from Dec. 2021 (€369 Mil) to Dec. 2022 (€578 Mil) and increased from Dec. 2022 (€578 Mil) to Dec. 2023 (€631 Mil).

Converge Technology Solutions Accounts Payable & Accrued Expense Historical Data

The historical data trend for Converge Technology Solutions'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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Converge Technology Solutions Accounts Payable & Accrued Expense Chart

Converge Technology Solutions Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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170.09

255.90

368.80

578.17

631.07

Converge Technology Solutions 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															578.17	568.88	571.52	629.74	631.07

Converge Technology Solutions 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.

Converge Technology Solutions (STU:0ZB) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Converge Technology Solutions Corp (STU:0ZB) » Definitions » Accounts Payable & Accrued Expense

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CTSDF:USA CTS:Canada

Address

161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2T6

Website

https://www.convergetp.com

Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver best-of-breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face.

Converge Technology Solutions (STU:0ZB) Headlines

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