Encavis AG (WBO:CAP) Accounts Payable & Accrued Expense : €55.1 Mil (As of Dec. 2023)

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What is Encavis AG Accounts Payable & Accrued Expense?

Encavis AG's quarterly accounts payable & accrued expense declined from Jun. 2023 (€57.1 Mil) to Sep. 2023 (€53.5 Mil) but then increased from Sep. 2023 (€53.5 Mil) to Dec. 2023 (€55.1 Mil).

Encavis AG's annual accounts payable & accrued expense increased from Dec. 2021 (€49.4 Mil) to Dec. 2022 (€73.3 Mil) but then declined from Dec. 2022 (€73.3 Mil) to Dec. 2023 (€55.1 Mil).

Encavis AG Accounts Payable & Accrued Expense Historical Data

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

Encavis AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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21.21

26.79

49.37

73.35

55.10

Encavis AG 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															73.35	52.40	57.05	53.49	55.10

Encavis 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.

Encavis AG (WBO:CAP) Business Description

Industry

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0NBT:UK ECV:Germany

Address

Grosse Elbstrasse 59, Hamburg, DEU, 22767

Website

https://www.encavis.com

Encavis AG is an independent solar park operator. Principally, it is engaged in the business of acquisition and operation of solar parks and onshore wind parks. Its operating segments are Photovoltaic Parks, Photovoltaic Service, Wind Parks, Asset Management, and Administration, of which the majority of its revenue comes from the Photovoltaic Parks segment. The Photovoltaic Parks segment comprised more than 169 solar parks with a total generation capacity of more than 1.3 GW, with parks located in different countries. Its geographical segments are Denmark, Germany, France, United Kingdom, Ireland, Finland, Italy, Netherlands, Austria, France, Sweden, and Spain.