ErreDue SpA (MIL:RDUE) Accounts Payable & Accrued Expense : €3.56 Mil (As of Dec. 2023)

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What is ErreDue SpA Accounts Payable & Accrued Expense?

ErreDue SpA's quarterly accounts payable & accrued expense increased from Dec. 2022 (€2.94 Mil) to Jun. 2023 (€3.01 Mil) and increased from Jun. 2023 (€3.01 Mil) to Dec. 2023 (€3.56 Mil).

ErreDue SpA's annual accounts payable & accrued expense declined from Dec. 2021 (€3.06 Mil) to Dec. 2022 (€2.94 Mil) but then increased from Dec. 2022 (€2.94 Mil) to Dec. 2023 (€3.56 Mil).

ErreDue SpA Accounts Payable & Accrued Expense Historical Data

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

ErreDue SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

2.14

1.67

3.06

2.94

3.56

ErreDue SpA Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			3.06	3.87	2.94	3.01	3.56

ErreDue 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.

ErreDue SpA (MIL:RDUE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ErreDue SpA (MIL:RDUE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via G. Gozzano, 3, Livorno, ITA, 57121

Website

https://www.erreduegas.it

ErreDue SpA designs manufacture and markets solutions for the on-site production, blending, and purification of technical gases (hydrogen produced by electrolysis of water, nitrogen, and oxygen) intended for use in small, medium, and large industrial sites, laboratories, medical applications, applications related to the energy transition. Its range of products comprises High purity Hydrogen generators, High purity Nitrogen generators, Oxygen generators, and Purification systems for Nitrogen, Hydrogen, Oxygen, and complex gas mixtures.

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