Distribuzione Elettrica Adriatica SpA (MIL:DEA) Accounts Payable & Accrued Expense : €8.00 Mil (As of Jun. 2024)

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What is Distribuzione Elettrica Adriatica SpA Accounts Payable & Accrued Expense?

Distribuzione Elettrica Adriatica SpA's quarterly accounts payable & accrued expense increased from Dec. 2022 (€5.38 Mil) to Dec. 2023 (€10.12 Mil) but then declined from Dec. 2023 (€10.12 Mil) to Jun. 2024 (€8.00 Mil).

Distribuzione Elettrica Adriatica SpA's annual accounts payable & accrued expense increased from . 20 (€0.00 Mil) to Dec. 2022 (€5.38 Mil) and increased from Dec. 2022 (€5.38 Mil) to Dec. 2023 (€10.12 Mil).

Distribuzione Elettrica Adriatica SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Distribuzione Elettrica Adriatica 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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Distribuzione Elettrica Adriatica SpA Accounts Payable & Accrued Expense Chart

Distribuzione Elettrica Adriatica SpA Annual Data

Trend

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

5.38

10.12

10.01

Distribuzione Elettrica Adriatica SpA Semi-Annual Data
	Dec22	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	5.38	10.12	8.00	10.01

Distribuzione Elettrica Adriatica 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.

Distribuzione Elettrica Adriatica SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Distribuzione Elettrica Adriatica SpA (MIL:DEA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Guazzatore no. 159, Osimo, ITA, 60027

Website

https://www.deaelettrica.it

Distribuzione Elettrica Adriatica SpA is a Italy based company. Its activity is divided into two distinct business lines dedicated, respectively, to the distribution of electricity (Distribution Electrical Energy) and public lighting (Public Lighting). In the distribution of electricity, The company deals with the activities relating to the operation, maintenance and development of medium voltage (MV) and low voltage (LV) infrastructures with the objective of allowing the transport of electricity from the substations of the distribution networks to the withdrawal points (PoD). The public lighting includes design, construction and maintenance of public lighting systems, by virtue of obtaining concessions from the relevant municipalities.