transtec AG (FRA:TTC) Accounts Payable & Accrued Expense : €3.18 Mil (As of Jun. 2016)

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What is transtec AG Accounts Payable & Accrued Expense?

transtec AG's quarterly accounts payable & accrued expense increased from Jun. 2015 (€4.15 Mil) to Dec. 2015 (€10.90 Mil) but then declined from Dec. 2015 (€10.90 Mil) to Jun. 2016 (€3.18 Mil).

transtec AG's annual accounts payable & accrued expense increased from Dec. 2013 (€4.90 Mil) to Dec. 2014 (€5.28 Mil) and increased from Dec. 2014 (€5.28 Mil) to Dec. 2015 (€10.90 Mil).

transtec AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for transtec 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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transtec AG Accounts Payable & Accrued Expense Chart

transtec AG Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Accounts Payable & Accrued Expense

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4.04

4.68

4.90

5.28

10.90

transtec AG Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														2.58	5.28	4.15	10.90	3.18

transtec 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.

transtec AG (FRA:TTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » transtec AG (FRA:TTC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Waldhoernlestr 18, Tuebingen, DEU, D-72072

Website

http://www.transtec.de

transtec AG is engaged in the development, production, and distribution of data processing systems in Europe. The Company provides servers, systems, storage products, and cluster and SAN-solutions.