AS Baltika (OTSE:BLT1T) Accounts Payable & Accrued Expense : €2.32 Mil (As of Mar. 2023)

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What is AS Baltika Accounts Payable & Accrued Expense?

AS Baltika's quarterly accounts payable & accrued expense declined from Sep. 2022 (€2.23 Mil) to Dec. 2022 (€1.67 Mil) but then increased from Dec. 2022 (€1.67 Mil) to Mar. 2023 (€2.32 Mil).

AS Baltika's annual accounts payable & accrued expense declined from Dec. 2020 (€2.66 Mil) to Dec. 2021 (€2.15 Mil) and declined from Dec. 2021 (€2.15 Mil) to Dec. 2022 (€1.67 Mil).

AS Baltika Accounts Payable & Accrued Expense Historical Data

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

AS Baltika Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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5.50

3.76

2.66

2.15

1.67

AS Baltika Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.59	2.16	2.23	1.67	2.32

AS Baltika 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.

AS Baltika (OTSE:BLT1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » AS Baltika (OTSE:BLT1T) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Valukoja 10, Tallinn, EST, 11415

Website

https://www.baltikagroup.com

AS Baltika is a fashion retailer and is engaged in designing, manufacturing, distribution, wholesale, retail and supply chain management. It develops and operates fashion brands such as Ivo Nikkolo. Most of its revenue is derived from the sale of goods in retail channels followed by wholesale and franchise channel. Geographically, the company operates its business mainly from Europe. It operates in the business segments; Retail segment, E-commerce segment and All other segments. The retail segment consists of retail operations in Estonia, Latvia, Lithuania and Finland. All other segments consist of the sale of good to wholesale and franchise clients, material and sewing services and e-commerce sales.

AS Baltika (OTSE:BLT1T) Headlines

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