Lumi Gruppen AS (FRA:8KS) Accounts Payable & Accrued Expense : €2.16 Mil (As of Dec. 2023)

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What is Lumi Gruppen AS Accounts Payable & Accrued Expense?

Lumi Gruppen AS's quarterly accounts payable & accrued expense increased from Jun. 2023 (€1.99 Mil) to Sep. 2023 (€2.59 Mil) but then declined from Sep. 2023 (€2.59 Mil) to Dec. 2023 (€2.16 Mil).

Lumi Gruppen AS's annual accounts payable & accrued expense declined from Dec. 2021 (€3.55 Mil) to Dec. 2022 (€3.47 Mil) and declined from Dec. 2022 (€3.47 Mil) to Dec. 2023 (€2.16 Mil).

Lumi Gruppen AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lumi Gruppen AS'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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Lumi Gruppen AS Accounts Payable & Accrued Expense Chart

Lumi Gruppen AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

4.19

3.55

3.47

2.16

Lumi Gruppen AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											3.47	2.95	1.99	2.59	2.16

Lumi Gruppen AS 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.

Lumi Gruppen AS (FRA:8KS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Lumi Gruppen AS (FRA:8KS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

LUMI:Norway

Address

Sandakerveien 116, Oslo, NOR, 0484

Website

https://www.lumigruppen.no

Lumi Gruppen AS is a private educational institution. Its focuses on each student and have a broad range of education programs both on-campus and online, from high school to vocational and university college. The company's segment includes Sonans; Oslo Nye Hoyskole; Ntech and others. It generates maximum revenue from the Sonans segment.

Lumi Gruppen AS (FRA:8KS) Headlines

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