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Hera SpA (MIL:HER) Accounts Payable & Accrued Expense : €2,460 Mil (As of Mar. 2024)


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What is Hera SpA Accounts Payable & Accrued Expense?

Hera SpA's quarterly accounts payable & accrued expense increased from Sep. 2023 (€1,966 Mil) to Dec. 2023 (€3,499 Mil) but then declined from Dec. 2023 (€3,499 Mil) to Mar. 2024 (€2,460 Mil).

Hera SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€3,027 Mil) to Dec. 2022 (€3,834 Mil) but then declined from Dec. 2022 (€3,834 Mil) to Dec. 2023 (€3,499 Mil).


Hera SpA Accounts Payable & Accrued Expense Historical Data

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

Hera SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,982.60 1,171.40 3,026.90 3,834.40 3,498.70

Hera SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,720.20 1,900.00 1,965.60 3,498.70 2,460.10

Hera 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.


Hera SpA (MIL:HER) Business Description

Industry
Traded in Other Exchanges
Address
Viale Carlo Berti Pichat nr. 2/4, Bologna, ITA, 40127
Hera SpA is Italian energy and utilities holding company. As a holding company, Hera is a combination of public-service companies built into a single multi-utility entity. The company operates in environmental services (waste collection and treatment); energy services (distribution and sale of electricity and gas); and water services (waterworks, sewerage, and purification). Primarily, Hera operates in the provinces of Bologna, Rimini, Ravenna-Lugo, Forli-Cesena, and Imola-Faenza in northern Italy.

Hera SpA (MIL:HER) Headlines

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