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Adesso SE (Adesso SE) Accounts Payable & Accrued Expense : $175 Mil (As of Dec. 2023)


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What is Adesso SE Accounts Payable & Accrued Expense?

Adesso SE's quarterly accounts payable & accrued expense declined from Dec. 2022 ($147 Mil) to Jun. 2023 ($47 Mil) but then increased from Jun. 2023 ($47 Mil) to Dec. 2023 ($175 Mil).

Adesso SE's annual accounts payable & accrued expense increased from Dec. 2021 ($116 Mil) to Dec. 2022 ($147 Mil) and increased from Dec. 2022 ($147 Mil) to Dec. 2023 ($175 Mil).


Adesso SE Accounts Payable & Accrued Expense Historical Data

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

Adesso SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.45 113.20 116.26 146.70 175.05

Adesso SE 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 116.26 42.93 146.70 46.91 175.05

Adesso SE 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.


Adesso SE (Adesso SE) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Adesso SE (OTCPK:ADSGF) » Definitions » Accounts Payable & Accrued Expense
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Address
Adessoplatz 1, Dortmund, NW, DEU, 44269
Adesso SE is a German IT service provider company. The company offers consulting and software development services for optimising core business processes. It also offers ready-to-use software products for standard applications. The company generates most of its sales revenue through consulting and software development in Germany. It has two segments, namely, IT Services and IT Solutions. The IT Services segment offers customised, project-oriented services in the areas of consulting and software development. The IT Solutions segment markets its own solutions as homegrown products or standard software products. The IT service segment generates majority of revenue.

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