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Racing Force SpA (XPAR:ALRFG) Accounts Payable & Accrued Expense : €14.24 Mil (As of Dec. 2023)


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What is Racing Force SpA Accounts Payable & Accrued Expense?

Racing Force SpA's quarterly accounts payable & accrued expense increased from Dec. 2022 (€14.84 Mil) to Jun. 2023 (€15.34 Mil) but then declined from Jun. 2023 (€15.34 Mil) to Dec. 2023 (€14.24 Mil).

Racing Force SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€12.40 Mil) to Dec. 2022 (€14.84 Mil) but then declined from Dec. 2022 (€14.84 Mil) to Dec. 2023 (€14.24 Mil).


Racing Force SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Racing Force SpA'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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Racing Force SpA Accounts Payable & Accrued Expense Chart

Racing Force SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
9.13 12.40 14.84 14.24

Racing Force SpA Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 12.40 12.58 14.84 15.34 14.24

Racing Force SpA 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.


Racing Force SpA (XPAR:ALRFG) Business Description

Traded in Other Exchanges
Address
via Bazzano 5, Ronco Scrivia, Genoa, ITA, 16019
Racing Force SpA is engaged in the field of design and manufacture of motorsport safety products. Its product range spans from suits, gloves, shoes, seats, harnesses, helmets, rollbars, racing nets, steering wheels, fire extinguisher systems, and intercoms, to other accessories strictly related to the motorsport industry.

Racing Force SpA (XPAR:ALRFG) Headlines

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