Fincantieri SpA (MIL:FCT) Accounts Payable & Accrued Expense : €2,872 Mil (As of Dec. 2023)

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What is Fincantieri SpA Accounts Payable & Accrued Expense?

Fincantieri SpA's quarterly accounts payable & accrued expense increased from Dec. 2022 (€3,043 Mil) to Jun. 2023 (€3,097 Mil) but then declined from Jun. 2023 (€3,097 Mil) to Dec. 2023 (€2,872 Mil).

Fincantieri SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€2,864 Mil) to Dec. 2022 (€3,043 Mil) but then declined from Dec. 2022 (€3,043 Mil) to Dec. 2023 (€2,872 Mil).

Fincantieri SpA Accounts Payable & Accrued Expense Historical Data

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

Fincantieri SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,553.65

2,627.50

2,863.57

3,042.75

2,871.93

Fincantieri SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,863.57	2,952.32	3,042.75	3,096.96	2,871.93

Fincantieri 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.

Fincantieri SpA (MIL:FCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Fincantieri SpA (MIL:FCT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

FNCNF:USA 0QWN:UK 1F8:Germany

Address

Via Genova No 1, Trieste, ITA, 34121

Website

https://www.fincantieri.com

Fincantieri SpA constructs cruise ships, ferries, naval vessels, and other ships. It has three segments: equipment, systems, and services; shipbuilding; and offshore. The company's high-technology equipment and systems for ships provide stabilization, directional control, and power generation. Moreover, product lifecycle management and training generate aftermarket sales. The offshore segment builds drillships and drilling rigs with capabilities to operate in water. The company operates in various countries spreading across four continents (Europe, North America, South America, and Asia). It is not dependent on any specific country, as Italy generates the most sales.