BMIT Technologies (MAL:BMIT) Accounts Payable & Accrued Expense : €12.23 Mil (As of Dec. 2023)

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What is BMIT Technologies Accounts Payable & Accrued Expense?

BMIT Technologies's quarterly accounts payable & accrued expense increased from Dec. 2022 (€3.90 Mil) to Jun. 2023 (€7.55 Mil) and increased from Jun. 2023 (€7.55 Mil) to Dec. 2023 (€12.23 Mil).

BMIT Technologies's annual accounts payable & accrued expense increased from Dec. 2021 (€3.55 Mil) to Dec. 2022 (€3.90 Mil) and increased from Dec. 2022 (€3.90 Mil) to Dec. 2023 (€12.23 Mil).

BMIT Technologies Accounts Payable & Accrued Expense Historical Data

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

BMIT Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3.05

2.73

3.55

3.90

12.23

BMIT Technologies Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							3.55	8.53	3.90	7.55	12.23

BMIT Technologies 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.

BMIT Technologies (MAL:BMIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BMIT Technologies PLC (MAL:BMIT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Building SCM 02, Level 2, SmartCity Ricasoli, SCM, Kalkara, MLT, 1001

Website

https://www.bmit.com.mt

BMIT Technologies PLC, through its subsidiaries, is involved in providing data center services, Information and Communication Technologies, Cloud services, and Infrastructure and support services among others. The company serves services to various industries including online gaming, financial services, ICT, manufacturing, media, transportation, retail, and hospitality. The Group's revenues are derived predominantly from operations carried out in Malta. However, it also derives revenue from companies operating out of Malta.

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