init innovation in traffic systems SE (XTER:IXX) Accounts Payable & Accrued Expense : €18.8 Mil (As of Dec. 2023)

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What is init innovation in traffic systems SE Accounts Payable & Accrued Expense?

init innovation in traffic systems SE's quarterly accounts payable & accrued expense declined from Jun. 2023 (€12.3 Mil) to Sep. 2023 (€9.4 Mil) but then increased from Sep. 2023 (€9.4 Mil) to Dec. 2023 (€18.8 Mil).

init innovation in traffic systems SE's annual accounts payable & accrued expense increased from Dec. 2021 (€12.3 Mil) to Dec. 2022 (€16.8 Mil) and increased from Dec. 2022 (€16.8 Mil) to Dec. 2023 (€18.8 Mil).

init innovation in traffic systems SE Accounts Payable & Accrued Expense Historical Data

The historical data trend for init innovation in traffic systems SE'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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init innovation in traffic systems SE Accounts Payable & Accrued Expense Chart

init innovation in traffic systems SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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13.99

11.18

12.30

16.83

18.85

init innovation in traffic systems SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															16.83	13.83	12.31	9.41	18.85

init innovation in traffic systems SE 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.

init innovation in traffic systems SE (XTER:IXX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » init innovation in traffic systems SE (XTER:IXX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

IXX:Germany IXX:Germany IXX:Germany

Address

Kaeppelestrasse 4-10, Karlsruhe, BW, DEU, D-76131

Website

https://www.initag.com

init innovation in traffic systems SE is an international system supplier of transportation telematics. The company develops and supplies integrated planning, dispatching, telematics and ticketing systems for buses and trains. The firm develops, produces, integrates, installs, and maintains software and hardware products for the planning, management, and optimization of transport companies. It offers research and development, planning and dispatching, analyzing and optimizing, ticketing and fare management, operations control and real-time passenger information, and service and maintenance solutions. Geographical presence of the company is in Germany, North America, Europe, Australia and UAE.

Executives

Dr. Gottfried Greschner	Board of Directors
Jörg Munz	Board of Directors
Dr. Jürgen Greschner	Board of Directors

init innovation in traffic systems SE (XTER:IXX) Headlines

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