Grenke AG (WBO:GLJ) Accounts Payable & Accrued Expense : €76.8 Mil (As of Mar. 2025)

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What is Grenke AG Accounts Payable & Accrued Expense?

Grenke AG's quarterly accounts payable & accrued expense increased from Sep. 2024 (€58.9 Mil) to Dec. 2024 (€110.2 Mil) but then declined from Dec. 2024 (€110.2 Mil) to Mar. 2025 (€76.8 Mil).

Grenke AG's annual accounts payable & accrued expense increased from Dec. 2022 (€56.9 Mil) to Dec. 2023 (€74.4 Mil) and increased from Dec. 2023 (€74.4 Mil) to Dec. 2024 (€110.2 Mil).

Grenke AG Accounts Payable & Accrued Expense Historical Data

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

Grenke AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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78.40

64.23

56.93

74.43

110.20

Grenke AG 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															61.71	59.11	58.89	110.20	76.79

Grenke AG 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.

Grenke AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Grenke AG (WBO:GLJ) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

0R97:UK GLJ:Germany

Address

Neuer Markt 2, Baden-Baden, DEU, 76532

Website

https://www.grenke.de

Grenke AG is a financial services company that, under a franchise model, provides operational infrastructure, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include; The Leasing segment which generates key revenue, and consists of financing to commercial lessees, rental, service, protection and maintenance offerings, and the disposal of used equipment. The Banking segment acts as a financing partner, particularly to small- and medium-sized companies, and the Factoring segment offers traditional factoring services with a focus on small-ticket factoring. Geographically, the majority of the company's revenue is generated from France and rest from Italy, Germany and other regions.

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