Rath AG (WBO:RAT) Accounts Payable & Accrued Expense : €12.9 Mil (As of Dec. 2023)

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What is Rath AG Accounts Payable & Accrued Expense?

Rath AG's quarterly accounts payable & accrued expense declined from Dec. 2022 (€10.0 Mil) to Jun. 2023 (€9.8 Mil) but then increased from Jun. 2023 (€9.8 Mil) to Dec. 2023 (€12.9 Mil).

Rath AG's annual accounts payable & accrued expense declined from Dec. 2021 (€10.2 Mil) to Dec. 2022 (€10.0 Mil) but then increased from Dec. 2022 (€10.0 Mil) to Dec. 2023 (€12.9 Mil).

Rath AG Accounts Payable & Accrued Expense Historical Data

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

Rath AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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6.10

9.49

10.18

10.01

12.91

Rath AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															10.18	9.50	10.01	9.78	12.91

Rath 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.

Rath AG (WBO:RAT) Business Description

Industry

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Address

Walfischgasse 14, Vienna, AUT, 1015

Website

http://www.rath.at

Rath AG is an Austrian company that manufactures refractory products. It produces dense stones, refractory bricks, masses and high-temperature wool. It operates in nine different industry sectors, namely Iron and steel industry, domestic fireplaces, ceramic industry, sonderofenbau, energy and environmental technology, chemical, and petrochemical industry, glass industry, non-ferrous metal industry and cement and lime industry.

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