Sicily By Car SpA (FRA:5LC) Accounts Payable & Accrued Expense : €34.4 Mil (As of Dec. 2023)

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What is Sicily By Car SpA Accounts Payable & Accrued Expense?

Sicily By Car SpA's quarterly accounts payable & accrued expense increased from Dec. 2022 (€38.6 Mil) to Jun. 2023 (€50.0 Mil) but then declined from Jun. 2023 (€50.0 Mil) to Dec. 2023 (€34.4 Mil).

Sicily By Car SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€17.1 Mil) to Dec. 2022 (€38.6 Mil) but then declined from Dec. 2022 (€38.6 Mil) to Dec. 2023 (€34.4 Mil).

Sicily By Car SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sicily By Car SpA'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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Sicily By Car SpA Accounts Payable & Accrued Expense Chart

Sicily By Car SpA Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

17.14

38.62

34.40

Sicily By Car SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	17.14	-	38.62	49.97	34.40

Sicily By Car SpA 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.

Sicily By Car SpA (FRA:5LC) Business Description

Industry

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Traded in Other Exchanges

SBC:Italy

Address

Via Galileo Galilei, 10H, Bolzano, ITA, 39100

Website

https://www.sicilybycar.it

Sicily By Car SpA operates in the Italian short-term rental market with 55 rental offices directly located at the main Italian airports and cities. The company allows to choose among: Private hire (cheap, compact, medium, standard, convertible, estate and 9-seater cars), Commercial vehicles, Electric car rentals, Boat rental.

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