Softlab SpA (MIL:SFT) Accounts Payable & Accrued Expense : €6.76 Mil (As of Jun. 2023)

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What is Softlab SpA Accounts Payable & Accrued Expense?

Softlab SpA's quarterly accounts payable & accrued expense declined from Jun. 2022 (€5.84 Mil) to Dec. 2022 (€3.38 Mil) but then increased from Dec. 2022 (€3.38 Mil) to Jun. 2023 (€6.76 Mil).

Softlab SpA's annual accounts payable & accrued expense declined from Dec. 2020 (€7.91 Mil) to Dec. 2021 (€7.16 Mil) and declined from Dec. 2021 (€7.16 Mil) to Dec. 2022 (€3.38 Mil).

Softlab SpA Accounts Payable & Accrued Expense Historical Data

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

Softlab SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.76

7.91

7.16

3.38

4.03

Softlab SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7.16	5.84	3.38	6.76	4.03

Softlab 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.

Softlab SpA (MIL:SFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Softlab SpA (MIL:SFT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Via della Valle dei Fontanili, 29/37, Rome, ITA, 00168

Website

http://www.acotel.com

Softlab SpA formerly Acotel Group SpA is an Italy based company involved in the telecom services business sector. The company operates under two business segment that includes Acotel Interactive, and Acotel Net. The Acotel Interactive business includes the services of digital entertainment, and mobile services supplied to telephone and commercial companies. The Acotel Net business includes energy-IoT, and enterprise security. Geographically, it operates in Italy, Latin America, India, and other European countries. A vast majority of the company's revenue is generated from the Acotel Interactive segment in the Italian region.

Softlab SpA (MIL:SFT) Headlines

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