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Piaggio & C. SpA (LTS:0FM1) Accounts Payable & Accrued Expense : €754 Mil (As of Sep. 2024)


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What is Piaggio & C. SpA Accounts Payable & Accrued Expense?

Piaggio & C. SpA's quarterly accounts payable & accrued expense increased from Mar. 2024 (€775 Mil) to Jun. 2024 (€836 Mil) but then declined from Jun. 2024 (€836 Mil) to Sep. 2024 (€754 Mil).

Piaggio & C. SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€695 Mil) to Dec. 2022 (€828 Mil) but then declined from Dec. 2022 (€828 Mil) to Dec. 2023 (€727 Mil).

Piaggio & C. SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Piaggio & C. 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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Piaggio & C. SpA Accounts Payable & Accrued Expense Chart

Piaggio & C. SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 530.32 541.27 695.39 828.13 726.72

Piaggio & C. SpA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 764.51 726.72 775.34 836.11 754.49

Piaggio & C. 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.

Piaggio & C. SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Piaggio & C. SpA (LTS:0FM1) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
PIAGF:USA PIA:Italy PIAm:UK P1I:Germany
Address
Viale Rinaldo Piaggio, 25, Pontedera, Pisa, ITA, 56025
Website
https://www.piaggiogroup.com
Piaggio & C. SpA is an Italian manufacturer of motor vehicles with international operations. The product portfolio consists of scooters, mopeds, and motorcycles marketed under the Aprilia, Piaggio, Vespa, Moto Guzzi, Gilera, Derbi, and Scarabeo brands, as well as three- and four-wheeler light vehicles, marketed under the Ape, and Porter brands. Piaggio's sales are mainly in Europe, the Middle East, Africa; the Americas; and India, but are also in the Asia-Pacific region. The firm's manufacturing units are located in Italy, India, and Vietnam.

Piaggio & C. SpA Headlines

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