Stem (FRA:5QQ0) Accounts Payable & Accrued Expense : €139.5 Mil (As of Mar. 2024)

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What is Stem Accounts Payable & Accrued Expense?

Stem's quarterly accounts payable & accrued expense increased from Sep. 2023 (€146.7 Mil) to Dec. 2023 (€155.5 Mil) but then declined from Dec. 2023 (€155.5 Mil) to Mar. 2024 (€139.5 Mil).

Stem's annual accounts payable & accrued expense increased from Dec. 2021 (€54.9 Mil) to Dec. 2022 (€172.0 Mil) but then declined from Dec. 2022 (€172.0 Mil) to Dec. 2023 (€155.5 Mil).

Stem Accounts Payable & Accrued Expense Historical Data

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

Stem Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

29.75

54.89

172.04

155.48

Stem Quarterly Data
	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													166.88	153.69	146.68	155.48	139.49

Stem 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.

Stem (FRA:5QQ0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Stem Inc (FRA:5QQ0) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

STEM:USA 5QQ0:Germany

Address

100 California Street, 14th Floor, San Francisco, CA, USA, 94111

Website

https://www.stem.com

Stem is a provider of energy storage systems. The company bundles third-party hardware with its proprietary Athena software to provide customers a turnkey solution. Stem sells its solutions to commercial and industrial customers as well as independent power producers and renewable developers. Its solutions help customers maximize renewable energy generation and help build a cleaner and more resilient grid. In 2022, the company acquired AlsoEnergy, a provider of solar asset management software.

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