Novamarine SpA (MIL:NOVA) Accounts Payable & Accrued Expense : €6.55 Mil (As of Dec. 2023)

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What is Novamarine SpA Accounts Payable & Accrued Expense?

Novamarine SpA's quarterly accounts payable & accrued expense increased from Dec. 2021 (€5.75 Mil) to Dec. 2022 (€6.47 Mil) and increased from Dec. 2022 (€6.47 Mil) to Dec. 2023 (€6.55 Mil).

Novamarine SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€5.75 Mil) to Dec. 2022 (€6.47 Mil) and increased from Dec. 2022 (€6.47 Mil) to Dec. 2023 (€6.55 Mil).

Novamarine SpA Accounts Payable & Accrued Expense Historical Data

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

Novamarine SpA Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

5.75

6.47

6.55

5.12

Novamarine SpA Semi-Annual Data
	Dec21	Dec22	Dec23	Dec24
Accounts Payable & Accrued Expense	5.75	6.47	6.55	5.12

Novamarine 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.

Novamarine SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Novamarine SpA (MIL:NOVA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Via Rocco de Salvo, Olbia, ITA, 07026

Website

https://www.novamarine.com

Novamarine SpA is a company active in the design, production and marketing of high-performance pleasure boats in the pleasure and professional segments.