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Minerva Knitwear (ATH:MIN) Accounts Payable & Accrued Expense : €4.37 Mil (As of Dec. 2023)


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What is Minerva Knitwear Accounts Payable & Accrued Expense?

Minerva Knitwear's quarterly accounts payable & accrued expense increased from Dec. 2022 (€3.66 Mil) to Jun. 2023 (€3.98 Mil) and increased from Jun. 2023 (€3.98 Mil) to Dec. 2023 (€4.37 Mil).

Minerva Knitwear's annual accounts payable & accrued expense increased from Dec. 2021 (€2.78 Mil) to Dec. 2022 (€3.66 Mil) and increased from Dec. 2022 (€3.66 Mil) to Dec. 2023 (€4.37 Mil).

Minerva Knitwear Accounts Payable & Accrued Expense Historical Data

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

Minerva Knitwear Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 3.71 2.63 2.78 3.66 4.37

Minerva Knitwear Semi-Annual Data
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 2.78 3.30 3.66 3.98 4.37

Minerva Knitwear 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.

Minerva Knitwear Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Minerva Knitwear SA (ATH:MIN) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
ATH:LANAC ATH:AAAK HKSE:02313 SHSE:600346 SZSE:000301 IST:SASA TSE:3402 TPE:1402 SHSE:601233 BOM:532889 SHSE:600295 AIN SZSE:000158 BOM:521064 TPE:2915 BOM:514162 BOM:500330 SHSE:603055 SHSE:603306 SHSE:600370
Traded in Other Exchanges
N/A
Address
6th klm Thessaloniki - Oraiokastro, Thessaloniki, GRC, 564 29
Website
http://www.minerva.gr
Minerva Knitwear SA is engaged in manufacturing, processing and trading of woollen and cotton products, and other textile raw materials. The company's products include men's, women's and children's underwear, men's, women's and children's sleep body-suits-pyjamas, Home-wear clothes for the winter and beachwear for the summer, blouses, T-Shirts, and women's Lingerie.