Wirtek AS (OCSE:WIRTEK) Accounts Payable & Accrued Expense : kr5.37 Mil (As of Mar. 2025)

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What is Wirtek AS Accounts Payable & Accrued Expense?

Wirtek AS's quarterly accounts payable & accrued expense declined from Sep. 2024 (kr4.09 Mil) to Dec. 2024 (kr3.60 Mil) but then increased from Dec. 2024 (kr3.60 Mil) to Mar. 2025 (kr5.37 Mil).

Wirtek AS's annual accounts payable & accrued expense declined from Dec. 2022 (kr3.55 Mil) to Dec. 2023 (kr3.26 Mil) but then increased from Dec. 2023 (kr3.26 Mil) to Dec. 2024 (kr3.60 Mil).

Wirtek AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wirtek AS'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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Wirtek AS Accounts Payable & Accrued Expense Chart

Wirtek AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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1.17

2.25

3.55

3.26

3.60

Wirtek AS Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6.36	2.74	4.09	3.60	5.37

Wirtek AS 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.

Wirtek AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wirtek AS (OCSE:WIRTEK) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Niels Jernes Vej 10, Aalborg, DNK, 9220

Website

https://www.wirtek.com

Wirtek AS is a Danish software outsourcing company. It provides consultancy services in the field of software development and product testing. It creates software solutions and electronic equipment products. Its business units involve Electronic Equipment Services and Software Engineering Services. The company earns the majority of its revenue from Software Engineering services.

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