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RENK Group AG (CHIX:R3NKD) Accounts Payable & Accrued Expense : €148 Mil (As of Mar. 2025)


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What is RENK Group AG Accounts Payable & Accrued Expense?

RENK Group AG's quarterly accounts payable & accrued expense increased from Sep. 2024 (€129 Mil) to Dec. 2024 (€148 Mil) but then stayed the same from Dec. 2024 (€148 Mil) to Mar. 2025 (€148 Mil).

RENK Group AG's annual accounts payable & accrued expense increased from Dec. 2022 (€76 Mil) to Dec. 2023 (€137 Mil) and increased from Dec. 2023 (€137 Mil) to Dec. 2024 (€148 Mil).


RENK Group AG Accounts Payable & Accrued Expense Historical Data

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

RENK Group AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
50.53 67.67 76.15 136.78 147.73

RENK Group AG Quarterly Data
Dec20 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 116.76 118.50 129.23 147.73 147.73

RENK Group 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.


RENK Group AG Business Description

Industry
Traded in Other Exchanges
Address
Gogginger street 73, Augsburg, BY, DEU, 86159
RENK Group AG provides vehicle mobility solutions. Its propulsion and drivetrain technology ensures the reliable deployment of forces to set vehicles, vessels, and machinery in motion. The company's business is divided into the following segments; Vehicle Mobility Solutions, Marine and Industry, and Slide Bearings. The Vehicle Mobility Solutions segment which generates maximum revenue, provides technology for the deployment of forces to set vehicles, vessels, and machinery in motion, and also offers products like engines, suspensions, electric drives, and power packs for military vehicles and test systems. Geographically, the company generates maximum revenue from Germany and the rest from America, Asia, Africa, other European countries, Other EU countries, and Australia and Oceania.

RENK Group AG Headlines

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