Efecte (OHEL:EFECTE) Accounts Payable & Accrued Expense : €2.87 Mil (As of Dec. 2023)

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What is Efecte Accounts Payable & Accrued Expense?

Efecte's quarterly accounts payable & accrued expense declined from Dec. 2022 (€2.09 Mil) to Jun. 2023 (€2.03 Mil) but then increased from Jun. 2023 (€2.03 Mil) to Dec. 2023 (€2.87 Mil).

Efecte's annual accounts payable & accrued expense increased from Dec. 2021 (€1.29 Mil) to Dec. 2022 (€2.09 Mil) and increased from Dec. 2022 (€2.09 Mil) to Dec. 2023 (€2.87 Mil).

Efecte Accounts Payable & Accrued Expense Historical Data

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

Efecte Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1.13

1.24

1.29

2.09

2.87

Efecte Semi-Annual Data
	Dec15	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											1.29	1.58	2.09	2.03	2.87

Efecte 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.

Efecte (OHEL:EFECTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Efecte PLC (OHEL:EFECTE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saterinkatu 6, Espoo, FIN, FI-02600

Website

https://www.efecte.com

Efecte PLC is a software company that develops cloud-based service management and identity management software to streamline the operations and service delivery of organizations. The firm also caters to Nordics and other European parts of which Substantial revenue is derived from domestic sales in Finland.

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