Cyan AG (XTER:CYR) Accounts Payable & Accrued Expense : €2.22 Mil (As of Jun. 2024)

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What is Cyan AG Accounts Payable & Accrued Expense?

Cyan AG's quarterly accounts payable & accrued expense declined from Jun. 2023 (€5.53 Mil) to Dec. 2023 (€1.77 Mil) but then increased from Dec. 2023 (€1.77 Mil) to Jun. 2024 (€2.22 Mil).

Cyan AG's annual accounts payable & accrued expense declined from Dec. 2021 (€6.59 Mil) to Dec. 2022 (€4.13 Mil) and declined from Dec. 2022 (€4.13 Mil) to Dec. 2023 (€1.77 Mil).

Cyan AG Accounts Payable & Accrued Expense Historical Data

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

Cyan AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2.08

3.32

6.59

4.13

1.77

Cyan AG Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													-	4.13	5.53	1.77	2.22

Cyan 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.

Cyan AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cyan AG (XTER:CYR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CYR:Germany CYR:Germany CYR:Germany

Address

Josephspitalstrasse 15, Munich, DEU, 80331

Website

https://www.cyansecurity.com

Cyan AG is a provider of intelligent IT security solutions and telecommunication services in the IT industry. The main business of the company involves cybersecurity solutions for the end customers of mobile and fixed-line internet providers (MNO, ISP), financial service providers, mobile virtual network operators (MVNO) as well as the convergent BSS/OSS platform (Business Support System and Operations Support System) as a mobile virtual network enabler (MVNE). With the BSS/OSS business, services such as connection to the network operator, billing, provisioning, and similar services relating to the operational aspects of running an MVNO are offered. The company has two segments: Cybersecurity, and BSS/OSS platform. Its products include a Seamless BSS/OSS Platform.

Executives

Markus Cserna	Board of Directors
Gerd Alexander Schütz	Supervisory Board
Frank Von Seth	Board of Directors
Michael Sieghart	Board of Directors

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