Tactile Systems Technology (FRA:3L3) Accounts Payable & Accrued Expense : €23.4 Mil (As of Mar. 2025)

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What is Tactile Systems Technology Accounts Payable & Accrued Expense?

Tactile Systems Technology's quarterly accounts payable & accrued expense increased from Sep. 2024 (€25.3 Mil) to Dec. 2024 (€30.2 Mil) but then declined from Dec. 2024 (€30.2 Mil) to Mar. 2025 (€23.4 Mil).

Tactile Systems Technology's annual accounts payable & accrued expense declined from Dec. 2022 (€36.5 Mil) to Dec. 2023 (€28.3 Mil) but then increased from Dec. 2023 (€28.3 Mil) to Dec. 2024 (€30.2 Mil).

Tactile Systems Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tactile Systems Technology'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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Tactile Systems Technology Accounts Payable & Accrued Expense Chart

Tactile Systems Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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17.48

19.86

36.50

28.26

30.20

Tactile Systems Technology Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															22.17	22.65	25.30	30.20	23.43

Tactile Systems Technology 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.

Tactile Systems Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tactile Systems Technology Inc (FRA:3L3) » Definitions » Accounts Payable & Accrued Expense

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TCMD:USA

Address

3701 Wayzata Boulevard, Suite 300, Minneapolis, MN, USA, 55416

Website

https://www.tactilemedical.com

Tactile Systems Technology Inc is a medical technology company. The company is engaged in developing and providing medical devices for the treatment of chronic diseases. The firm's proprietary platform flexitouch system provides a home-based solution for lymphedema patients. The entire system is another home solution for patients with chronic swelling and actitouch system for chronic venous insufficiency patients that may be worn throughout the day.

Tactile Systems Technology Headlines

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