Saipem SpA (MIL:SPMR) Accounts Payable & Accrued Expense : €0 Mil (As of Sep. 2023)

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What is Saipem SpA Accounts Payable & Accrued Expense?

Saipem SpA's quarterly accounts payable & accrued expense increased from Dec. 2022 (€2,878 Mil) to Jun. 2023 (€2,944 Mil) but then declined from Jun. 2023 (€2,944 Mil) to Sep. 2023 (€0 Mil).

Saipem SpA's annual accounts payable & accrued expense increased from Dec. 2020 (€2,399 Mil) to Dec. 2021 (€2,613 Mil) and increased from Dec. 2021 (€2,613 Mil) to Dec. 2022 (€2,878 Mil).

Saipem SpA Accounts Payable & Accrued Expense Historical Data

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

Saipem SpA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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2,527.00

2,489.00

2,399.00

2,613.00

2,878.00

Saipem SpA Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,781.00	2,878.00	2,944.00	-	-

Saipem 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.

Saipem SpA (MIL:SPMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (MIL:SPMR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SAPMY:USA SAPMF:USA SPM:Italy 0RPI:UK SPEA:Germany

Address

Via Luigi Russolo, 5, Milano, ITA, 20138

Website

https://www.saipem.com

Saipem is a conglomerate of oil and gas engineering and construction and drilling services. The company began as the services appendage of oil major Eni, although today Eni as a customer accounts for generally less than 10% of revenue. Saipem is distinguished for leading industry megaprojects like the Nord Stream pipeline carrying large volumes of natural gas from Russia to European markets.

Saipem SpA (MIL:SPMR) Headlines

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