Merus Power Oyj (OHEL:MERUS) Accounts Payable & Accrued Expense : €2.73 Mil (As of Dec. 2023)

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What is Merus Power Oyj Accounts Payable & Accrued Expense?

Merus Power Oyj's quarterly accounts payable & accrued expense declined from Dec. 2022 (€5.32 Mil) to Jun. 2023 (€2.98 Mil) and declined from Jun. 2023 (€2.98 Mil) to Dec. 2023 (€2.73 Mil).

Merus Power Oyj's annual accounts payable & accrued expense increased from Dec. 2021 (€2.01 Mil) to Dec. 2022 (€5.32 Mil) but then declined from Dec. 2022 (€5.32 Mil) to Dec. 2023 (€2.73 Mil).

Merus Power Oyj Accounts Payable & Accrued Expense Historical Data

The historical data trend for Merus Power Oyj'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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Merus Power Oyj Accounts Payable & Accrued Expense Chart

Merus Power Oyj Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.73

0.15

2.01

5.32

2.73

Merus Power Oyj Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					2.01	1.14	5.32	2.98	2.73

Merus Power Oyj 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.

Merus Power Oyj (OHEL:MERUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Merus Power Oyj (OHEL:MERUS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

99H:Germany

Address

Pirkkalaistie 1, Nokia, FIN, 37100

Website

https://www.meruspower.fi

Merus Power Oyj Is engaged in the design, manufacturing and sale of domestic innovative electricity storage, power quality solutions and services. The company's business is based on scalable and modular power electronics, intelligent software technologies and electrical engineering expertise.

Merus Power Oyj (OHEL:MERUS) Headlines

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