Flatex AG (Flatex AG) Accounts Payable & Accrued Expense : $28.1 Mil (As of Dec. 2023)

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What is Flatex AG Accounts Payable & Accrued Expense?

Flatex AG's quarterly accounts payable & accrued expense increased from Dec. 2022 ($9.6 Mil) to Jun. 2023 ($38.7 Mil) but then declined from Jun. 2023 ($38.7 Mil) to Dec. 2023 ($28.1 Mil).

Flatex AG's annual accounts payable & accrued expense declined from Dec. 2021 ($16.7 Mil) to Dec. 2022 ($9.6 Mil) but then increased from Dec. 2022 ($9.6 Mil) to Dec. 2023 ($28.1 Mil).

Flatex AG Accounts Payable & Accrued Expense Historical Data

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

Flatex AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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12.39

43.65

16.66

9.56

28.12

Flatex AG 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															16.66	23.03	9.56	38.69	28.12

Flatex 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.

Flatex AG (Flatex AG) Business Description

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Traded in Other Exchanges

0W89:UK FTK:Germany FTK:Germany FTK:Germany FTK:Germany

Address

Omniturm, Grosse Gallusstrasse 16-18, Frankfurt, HE, DEU, 60312

Website

https://www.flatex.com

Flatex AG is an independent online broker. The firm operates a proprietary securities trading platform under the brands flatex and DEGIRO and services more than 1 million European retail customers in European countries. The company also offers brokerage services and administration to corporate and institutional clients. The segments of the company are Financial Services and Technologies.

Flatex AG (Flatex AG) Headlines

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