Sirma Group Holding JSC (XBUL:SGH) Accounts Payable & Accrued Expense : лв9.37 Mil (As of Sep. 2023)

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What is Sirma Group Holding JSC Accounts Payable & Accrued Expense?

Sirma Group Holding JSC's quarterly accounts payable & accrued expense increased from Mar. 2023 (лв5.50 Mil) to Jun. 2023 (лв7.46 Mil) and increased from Jun. 2023 (лв7.46 Mil) to Sep. 2023 (лв9.37 Mil).

Sirma Group Holding JSC's annual accounts payable & accrued expense increased from Dec. 2020 (лв8.69 Mil) to Dec. 2021 (лв10.09 Mil) but then declined from Dec. 2021 (лв10.09 Mil) to Dec. 2022 (лв4.20 Mil).

Sirma Group Holding JSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sirma Group Holding JSC'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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Sirma Group Holding JSC Accounts Payable & Accrued Expense Chart

Sirma Group Holding JSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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10.86

6.74

8.69

10.09

4.20

Sirma Group Holding JSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7.92	4.20	5.50	7.46	9.37

Sirma Group Holding JSC 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.

Sirma Group Holding JSC (XBUL:SGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sirma Group Holding JSC (XBUL:SGH) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

135 Tsarigradsko Shosse, Area Mladost, Sofia, BGR, 1784

Website

https://www.sirma.com

Sirma Group Holding JSC specializes in information technologies and software development, system integration and software implementation. The company develops semantic platforms and solutions, cognitive software business solutions, industrial applications, mobile platforms and applications, ERP software, solutions and services for the financial industry, payment services, e-government platform and services.