Espe SpA (MIL:ESPE) Accounts Payable & Accrued Expense : €9.38 Mil (As of Jun. 2023)

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What is Espe SpA Accounts Payable & Accrued Expense?

Espe SpA's quarterly accounts payable & accrued expense increased from Jun. 2022 (€0.00 Mil) to Dec. 2022 (€12.04 Mil) but then declined from Dec. 2022 (€12.04 Mil) to Jun. 2023 (€9.38 Mil).

Espe SpA's annual accounts payable & accrued expense increased from . 20 (€0.00 Mil) to Dec. 2021 (€6.02 Mil) and increased from Dec. 2021 (€6.02 Mil) to Dec. 2022 (€12.04 Mil).

Espe SpA Accounts Payable & Accrued Expense Historical Data

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

Espe SpA Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

6.02

12.04

14.86

Espe SpA Quarterly Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	6.02	-	12.04	9.38	14.86

Espe 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.

Espe SpA (MIL:ESPE) Business Description

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Espe SpA is a company which is producers of cutting edge solutions. They are born as installers of industrial electrical systems, over the years they have accumulated a rich wealth of experience, expanding its activities in the field of installation of photovoltaic systems and in the direct production of innovative technologies in the small wind, hydroelectric and biomass sectors.

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