AA Tech SpA (MIL:AAT) Accounts Payable & Accrued Expense : €1.21 Mil (As of Dec. 2023)

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What is AA Tech SpA Accounts Payable & Accrued Expense?

AA Tech SpA's quarterly accounts payable & accrued expense increased from Dec. 2021 (€0.89 Mil) to Dec. 2022 (€1.47 Mil) but then declined from Dec. 2022 (€1.47 Mil) to Dec. 2023 (€1.21 Mil).

AA Tech SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€0.89 Mil) to Dec. 2022 (€1.47 Mil) but then declined from Dec. 2022 (€1.47 Mil) to Dec. 2023 (€1.21 Mil).

AA Tech SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for AA Tech 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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AA Tech SpA Accounts Payable & Accrued Expense Chart

AA Tech SpA Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.89

1.47

1.21

AA Tech SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Accounts Payable & Accrued Expense	0.89	1.47	1.21

AA Tech 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.

AA Tech SpA (MIL:AAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AA Tech SpA (MIL:AAT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Via Giovanni Lanza 57, Fondi, ITA, 04022

Website

https://www.aatech.it

AA Tech SpA is an innovative venture tech builder in the digital sector, with the constant aim of identifying new technologies in the aforementioned sectors in Italy. In particular, the Company, through a process of continuous innovation, intends to seek innovative solutions that create new opportunities for generating value, with the intention, after their creation and validation, of making these companies autonomous. One of its subsidiaries Previon a Fintech company that provides open banking services for compulsory and complementary pension funds.