Mare Engineering Group SpA (MIL:MARE) Accounts Payable & Accrued Expense : €13.29 Mil (As of Jun. 2024)

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What is Mare Engineering Group SpA Accounts Payable & Accrued Expense?

Mare Engineering Group SpA's quarterly accounts payable & accrued expense declined from Jun. 2023 (€11.91 Mil) to Dec. 2023 (€8.48 Mil) but then increased from Dec. 2023 (€8.48 Mil) to Jun. 2024 (€13.29 Mil).

Mare Engineering Group SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€11.69 Mil) to Dec. 2022 (€12.95 Mil) but then declined from Dec. 2022 (€12.95 Mil) to Dec. 2023 (€8.48 Mil).

Mare Engineering Group SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mare Engineering Group 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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Mare Engineering Group SpA Accounts Payable & Accrued Expense Chart

Mare Engineering Group SpA Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

11.69

12.95

8.48

Mare Engineering Group SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	12.95	11.91	8.48	13.29

Mare Engineering Group 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.

Mare Engineering Group SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Mare Engineering Group SpA (MIL:MARE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via ex Aeroporto, snc, c/o Il Sole Consortium, Lot XI, Pomigliano d'Arc, Naples, ITA, 80038

Website

https://www.maregroup.it

Mare Engineering Group SpA is an engineering consultancy company that has an objective to deliver engineering services to large companies.

Mare Engineering Group SpA Headlines

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