Logicom Public (CYS:LOG) Accounts Payable & Accrued Expense : €183 Mil (As of Mar. 2024)

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What is Logicom Public Accounts Payable & Accrued Expense?

Logicom Public's quarterly accounts payable & accrued expense declined from Sep. 2023 (€213 Mil) to Dec. 2023 (€175 Mil) but then increased from Dec. 2023 (€175 Mil) to Mar. 2024 (€183 Mil).

Logicom Public's annual accounts payable & accrued expense increased from Dec. 2021 (€141 Mil) to Dec. 2022 (€169 Mil) and increased from Dec. 2022 (€169 Mil) to Dec. 2023 (€175 Mil).

Logicom Public Accounts Payable & Accrued Expense Historical Data

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

Logicom Public Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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114.88

130.75

140.60

168.89

174.93

Logicom Public Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															180.89	202.50	212.87	174.93	183.02

Logicom Public 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.

Logicom Public (CYS:LOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Logicom Public Ltd (CYS:LOG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stasinou 26, Ayia Paraskevi Strovolos, Nicosia, CYP, 2003

Website

https://www.lgcom.net

Logicom Public Ltd is engaged in the distribution of technology products and services. In addition, it is also involved in the provision of integrated information technology networking, telecom, and business software solutions, and the execution of infrastructure projects in the areas of water, power, and gas. The company operates through two segments namely the Distribution segment and the Services segment. The Distribution segment includes the distribution of its technology products in the European, United Arab Emirates, and Saudi Arabia markets. The Services segment operates in the provision of solutions and services for networks and telecommunications, and software to customers in Cyprus and abroad.

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