Ecomembrane SpA (MIL:ECMB) Accounts Payable & Accrued Expense : €4.79 Mil (As of Dec. 2023)

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What is Ecomembrane SpA Accounts Payable & Accrued Expense?

Ecomembrane SpA's quarterly accounts payable & accrued expense declined from Dec. 2022 (€2.90 Mil) to Jun. 2023 (€2.04 Mil) but then increased from Jun. 2023 (€2.04 Mil) to Dec. 2023 (€4.79 Mil).

Ecomembrane SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€2.43 Mil) to Dec. 2022 (€2.90 Mil) and increased from Dec. 2022 (€2.90 Mil) to Dec. 2023 (€4.79 Mil).

Ecomembrane SpA Accounts Payable & Accrued Expense Historical Data

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

Ecomembrane SpA Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

2.43

2.90

4.79

Ecomembrane SpA Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	2.43	2.90	2.04	4.79

Ecomembrane 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.

Ecomembrane SpA (MIL:ECMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ecomembrane SpA (MIL:ECMB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Pari Opportunita n. 9, Gadesco, Pieve Delmona, ITA, 26030

Website

https://www.ecomembrane.com

Ecomembrane SpA operates in the sector of design, sale and installation of components for biogas and biomethane production plants and gas storage systems, such as biogas, methane, CO2 and hydrogen. Specifically, it carries out production activity which mainly takes the form of cutting, high-frequency welding and packaging of membrane covers using, as the main material, PVC-coated polyester fabric. The company operates globally and has the most extensive network in the world in terms of installations as well as production structure. Its products include 3Master, 2 Master, Cupola M2- heat shield, Cupola M3, Econtainer, M1 cone, and Claricover.

Ecomembrane SpA (MIL:ECMB) Headlines

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