Softing AG (XTER:SYT) Accounts Payable & Accrued Expense : €11.70 Mil (As of Mar. 2025)

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What is Softing AG Accounts Payable & Accrued Expense?

Softing AG's quarterly accounts payable & accrued expense increased from Sep. 2024 (€10.57 Mil) to Dec. 2024 (€16.88 Mil) but then declined from Dec. 2024 (€16.88 Mil) to Mar. 2025 (€11.70 Mil).

Softing AG's annual accounts payable & accrued expense declined from Dec. 2022 (€12.83 Mil) to Dec. 2023 (€10.96 Mil) but then increased from Dec. 2023 (€10.96 Mil) to Dec. 2024 (€16.88 Mil).

Softing AG Accounts Payable & Accrued Expense Historical Data

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

Softing AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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10.76

14.02

12.83

10.96

16.88

Softing 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															5.80	8.25	10.57	16.88	11.70

Softing 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.

Softing AG Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

0G73:UK SYT:Germany SYT:Germany SYT:Germany

Address

Richard-Reitzner-Allee 6, Haar, BY, DEU, 85540

Website

https://company.softing.com

Softing AG is engaged in developing software, hardware, and system solutions. The business operates in segments namely, Industrial, Automotive, and IT Networks. The Industrial segment which derives the majority of revenue engages in the provision of industrial communications solutions and products for the manufacturing and process industry. The Automotive segment stands for key technologies in automotive electronics as well as such closely related areas in electronics as the commercial vehicle or agricultural machinery industry. The IT Networks segment is engaged in testing, qualifying, and certifying cabling in IT systems. Geographically, it derives the majority of its revenue from the USA.

Executives

Dr. Wolfgang Trier	Board of Directors
Ernst Homolka	Board of Directors

Softing AG Headlines

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