Techstep ASA (OSL:TECH) Accounts Payable & Accrued Expense : kr129 Mil (As of Mar. 2025)

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What is Techstep ASA Accounts Payable & Accrued Expense?

Techstep ASA's quarterly accounts payable & accrued expense increased from Sep. 2024 (kr129 Mil) to Dec. 2024 (kr178 Mil) but then declined from Dec. 2024 (kr178 Mil) to Mar. 2025 (kr129 Mil).

Techstep ASA's annual accounts payable & accrued expense declined from Dec. 2022 (kr209 Mil) to Dec. 2023 (kr199 Mil) and declined from Dec. 2023 (kr199 Mil) to Dec. 2024 (kr178 Mil).

Techstep ASA Accounts Payable & Accrued Expense Historical Data

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

Techstep ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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153.69

194.49

209.11

198.95

177.63

Techstep ASA 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															138.97	142.95	128.88	177.63	129.30

Techstep ASA 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.

Techstep ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Techstep ASA (OSL:TECH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Brynsalleen 4, Oslo, NOR, 0667

Website

https://www.techstep.io

Techstep ASA is a Nordic enabler of the mobile workplace, delivering a full range of devices and services to facilitate mobile workplaces. The company bundles mobile devices, software, information security, and expertise for its customers. Its Device Lifecycle Management Platform enables IT vendors to scale and optimise their Device-as-a-Service business, enhancing efficiency, control, and user experience at every lifecycle stage. In addition, the company offers various workplace devices and services such as mobile devices and accessories, laptops, device management and security services, and others. A majority of its revenue is generated from the provision of workplace devices for its clients. Geographically, it derives maximum revenue from Norway, followed by Sweden, Denmark, and Poland.