Elastron (ATH:ELSTR) Accounts Payable & Accrued Expense : €5.8 Mil (As of Jun. 2024)

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What is Elastron Accounts Payable & Accrued Expense?

Elastron's quarterly accounts payable & accrued expense increased from Jun. 2023 (€15.8 Mil) to Dec. 2023 (€28.4 Mil) but then declined from Dec. 2023 (€28.4 Mil) to Jun. 2024 (€5.8 Mil).

Elastron's annual accounts payable & accrued expense declined from Dec. 2021 (€29.7 Mil) to Dec. 2022 (€25.9 Mil) but then increased from Dec. 2022 (€25.9 Mil) to Dec. 2023 (€28.4 Mil).

Elastron Accounts Payable & Accrued Expense Historical Data

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

Elastron Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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14.55

11.28

29.66

25.93

28.35

Elastron Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															16.53	25.93	15.76	28.35	5.83

Elastron 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.

Elastron Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Elastron SA (ATH:ELSTR) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Agios Loannis Avenue, Aspropyrgos, GRC, 193 00

Website

http://www.elastron.gr

Elastron SA is a Greece based company engaged in importing, processing, and trading of steel, steel plates, iron and metal goods, and related goods. The business segments are Steel products, Energy segment, and Agricultural products. The company processes, produces and resells steel products and insulated composite panels in Steel products segment. Electrical energy segment includes production of electric energy from photovoltaic stations. Agricultural products segment consists production of agricultural products from glasshouse cultivations. The group generates majority of the revenue from the Steel products segment. It makes sales in Greece, and internationally, of which sales in Greece constitutes mainly to the revenue.

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