Sipef (XBRU:SIP) Accounts Payable & Accrued Expense : €63.9 Mil (As of Dec. 2023)

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What is Sipef Accounts Payable & Accrued Expense?

Sipef's quarterly accounts payable & accrued expense declined from Dec. 2022 (€90.4 Mil) to Jun. 2023 (€90.2 Mil) and declined from Jun. 2023 (€90.2 Mil) to Dec. 2023 (€63.9 Mil).

Sipef's annual accounts payable & accrued expense increased from Dec. 2021 (€64.1 Mil) to Dec. 2022 (€90.4 Mil) but then declined from Dec. 2022 (€90.4 Mil) to Dec. 2023 (€63.9 Mil).

Sipef Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sipef'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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Sipef Accounts Payable & Accrued Expense Chart

Sipef Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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40.07

43.46

64.14

90.38

63.90

Sipef 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															64.14	97.37	90.38	90.25	63.90

Sipef 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.

Sipef (XBRU:SIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sipef SA (XBRU:SIP) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

BZ3:Germany

Address

Calesbergdreef 5, Kasteel Calesberg, Schoten, BEL, B-2900

Website

https://www.sipef.com

Sipef SA is a Belgium-based agro-industrial company. The company operates through five segments, namely Palm segment consisting of palm kernels and palm kernel oil in Indonesia and Papua New Guinea; Rubber segment produces a variety of rubber products such as ribbed smoked sheets, scraps, and lumps; Tea segment includes the sale of cut, tear, curl (CTC) tea brand; Bananas & horticulture segment includes the sale of bananas and horticulture originating from Ivory Coast; and Corporate segment includes administrative activities of the company. The company generates the majority of its revenue from the Palm segment. Its geographical segments are Indonesia, Ivory Coast, Papua New Guinea and Europe.

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