Clover Health Investments (STU:7QD) Accounts Payable & Accrued Expense : €254 Mil (As of Jun. 2024)

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What is Clover Health Investments Accounts Payable & Accrued Expense?

Clover Health Investments's quarterly accounts payable & accrued expense increased from Dec. 2023 (€220 Mil) to Mar. 2024 (€279 Mil) but then declined from Mar. 2024 (€279 Mil) to Jun. 2024 (€254 Mil).

Clover Health Investments's annual accounts payable & accrued expense increased from Dec. 2021 (€196 Mil) to Dec. 2022 (€329 Mil) but then declined from Dec. 2022 (€329 Mil) to Dec. 2023 (€220 Mil).

Clover Health Investments Accounts Payable & Accrued Expense Historical Data

The historical data trend for Clover Health Investments'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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Clover Health Investments Accounts Payable & Accrued Expense Chart

Clover Health Investments Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.11

113.95

196.45

328.62

219.87

Clover Health Investments Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														322.93	335.19	219.87	278.96	253.98

Clover Health Investments 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.

Clover Health Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Clover Health Investments Corp (STU:7QD) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CLOV:USA 7QD:Germany

Address

3401 Mallory Lane, Suite 210, Franklin, TN, USA, 37067

Website

https://www.cloverhealth.com

Clover Health Investments Corp is a healthcare technology company. It focuses on empowering Medicare physicians to proactively manage chronic diseases through its proprietary software platform, Clover Assistant. This cloud-based solution provides personalized insights to physicians, enabling early detection and management of chronic conditions. Operating in two segments, Insurance and Non-Insurance, Clover Health offers PPO and HMO plans to Medicare Advantage members in multiple states through its Insurance segment. In the Non-Insurance segment, the company participates in the ACO REACH Model. The majority of revenue is generated from the insurance segment, reflecting the significance of its healthcare insurance offerings.

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