Danieli & C. Officine Meccaniche SpA (FRA:DAS) Accounts Payable & Accrued Expense : €1,947 Mil (As of Jun. 2023)

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What is Danieli & C. Officine Meccaniche SpA Accounts Payable & Accrued Expense?

Danieli & C. Officine Meccaniche SpA's quarterly accounts payable & accrued expense increased from Jun. 2022 (€1,807 Mil) to Dec. 2022 (€1,920 Mil) and increased from Dec. 2022 (€1,920 Mil) to Jun. 2023 (€1,947 Mil).

Danieli & C. Officine Meccaniche SpA's annual accounts payable & accrued expense increased from Jun. 2021 (€1,516 Mil) to Jun. 2022 (€1,807 Mil) and increased from Jun. 2022 (€1,807 Mil) to Jun. 2023 (€1,947 Mil).

Danieli & C. Officine Meccaniche SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Danieli & C. Officine Meccaniche 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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Danieli & C. Officine Meccaniche SpA Accounts Payable & Accrued Expense Chart

Danieli & C. Officine Meccaniche SpA Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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1,808.85

1,623.75

1,516.34

1,807.37

1,946.56

Danieli & C. Officine Meccaniche SpA 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															1,831.40	1,807.37	1,919.70	1,946.56	-

Danieli & C. Officine Meccaniche 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.

Danieli & C. Officine Meccaniche SpA (FRA:DAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Danieli & C. Officine Meccaniche SpA (FRA:DAS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

DNIYY:USA DANR:Italy DAN:Italy DANm:UK

Address

Via Nazionale 41, Buttrio, Udine, ITA, 33042

Website

https://www.danieli.com

Danieli & C. Officine Meccaniche SpA is an Italy-based company that is engaged in manufacturing and distribution of steel and other nonferrous metal products as well as plant building. The company operates through two segments, namely steelmaking and plant making. The Steelmaking segment manufactures ingots, forged bars, blooms, rolled bars, bar in coils and others. End customers primarily come from the mechanical, automotive, oil & gas, power generation and other sectors. The Plant Making segment designs and builds mines, pellet production plants, furnaces, rolling mills and other various plants and facilities. The company has a global presence, with Europe, Middle East and Far East being the three largest markets for the company.

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