Industrie Chimiche Forestali SpA (MIL:ICF) Accounts Payable & Accrued Expense : €15.02 Mil (As of Dec. 2023)

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What is Industrie Chimiche Forestali SpA Accounts Payable & Accrued Expense?

Industrie Chimiche Forestali SpA's quarterly accounts payable & accrued expense declined from Dec. 2022 (€19.50 Mil) to Jun. 2023 (€17.76 Mil) and declined from Jun. 2023 (€17.76 Mil) to Dec. 2023 (€15.02 Mil).

Industrie Chimiche Forestali SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€19.27 Mil) to Dec. 2022 (€19.50 Mil) but then declined from Dec. 2022 (€19.50 Mil) to Dec. 2023 (€15.02 Mil).

Industrie Chimiche Forestali SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Industrie Chimiche Forestali 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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Industrie Chimiche Forestali SpA Accounts Payable & Accrued Expense Chart

Industrie Chimiche Forestali SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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14.45

12.52

19.27

19.50

15.02

Industrie Chimiche Forestali SpA Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					19.27	21.29	19.50	17.76	15.02

Industrie Chimiche Forestali 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.

Industrie Chimiche Forestali SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Industrie Chimiche Forestali SpA (MIL:ICF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Fratelli Kennedy, 75, Marcallo con Casone, Milano, ITA, 20010

Website

https://www.forestali.it

Industrie Chimiche Forestali SpA is engaged in the design, production and marketing of high-tech adhesives and fabrics mainly for the following markets: footwear & leather goods, automotive and packaging.