11 88 0 Solutions AG (FRA:TGT) Accounts Payable & Accrued Expense : €0.99 Mil (As of Sep. 2023)

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What is 11 88 0 Solutions AG Accounts Payable & Accrued Expense?

11 88 0 Solutions AG's quarterly accounts payable & accrued expense increased from Mar. 2023 (€0.98 Mil) to Jun. 2023 (€1.67 Mil) but then declined from Jun. 2023 (€1.67 Mil) to Sep. 2023 (€0.99 Mil).

11 88 0 Solutions AG's annual accounts payable & accrued expense declined from Dec. 2019 (€1.76 Mil) to Dec. 2020 (€1.26 Mil) and declined from Dec. 2020 (€1.26 Mil) to Dec. 2021 (€0.79 Mil).

11 88 0 Solutions AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for 11 88 0 Solutions AG'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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11 88 0 Solutions AG Accounts Payable & Accrued Expense Chart

11 88 0 Solutions AG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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0.58

1.02

1.76

1.26

0.79

11 88 0 Solutions AG Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.11	1.34	0.98	1.67	0.99

11 88 0 Solutions AG 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.

11 88 0 Solutions AG (FRA:TGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » 11 88 0 Solutions AG (FRA:TGT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TGT:Germany

Address

Hohenzollernstrasse 24, Essen, NW, DEU, 45128

Website

https://www.11880.com

11 88 0 Solutions AG is telecom service company based in Germany. The company has business segments that are Directory Assistance and Digital. The Directory Assistance segment provides services related to inquiries made at by phone for information regarding of phone numbers, pre-dial numbers and addresses while the Digital segment receives revenue from advertisements on the company's platforms and websites. The Digital segment also includes the software solutions business, which comprises digital telephone books and yellow pages on CDROM and as intranet and database solutions. The company's product line includes online marketing and various tools to analyze data. The Digital segment generates maximum revenue for the company.