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Stran (FRA:S9H) Accounts Payable & Accrued Expense : €6.62 Mil (As of Dec. 2023)


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What is Stran Accounts Payable & Accrued Expense?

Stran's quarterly accounts payable & accrued expense increased from Jun. 2023 (€3.97 Mil) to Sep. 2023 (€5.96 Mil) and increased from Sep. 2023 (€5.96 Mil) to Dec. 2023 (€6.62 Mil).

Stran's annual accounts payable & accrued expense declined from Dec. 2021 (€5.25 Mil) to Dec. 2022 (€4.75 Mil) but then increased from Dec. 2022 (€4.75 Mil) to Dec. 2023 (€6.62 Mil).


Stran Accounts Payable & Accrued Expense Historical Data

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

Stran Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
4.74 3.78 5.25 4.75 6.62

Stran Quarterly Data
Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.75 3.62 3.97 5.96 6.62

Stran 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.


Stran Business Description

Traded in Other Exchanges
Address
2 Heritage Drive, Suite 600, Quincy, MA, USA, 02171
Stran & Co Inc is an outsourced marketing solutions provider, working closely with customers to develop sophisticated marketing programs that leverage promotional products and loyalty incentive expertise. The company purchases products and branding through various third-party manufacturers and decorators and resells the finished goods to customers.

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