IES Holdings (FRA:45T) Accounts Payable & Accrued Expense : €282 Mil (As of Mar. 2024)

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What is IES Holdings Accounts Payable & Accrued Expense?

IES Holdings's quarterly accounts payable & accrued expense increased from Sep. 2023 (€175 Mil) to Dec. 2023 (€270 Mil) and increased from Dec. 2023 (€270 Mil) to Mar. 2024 (€282 Mil).

IES Holdings's annual accounts payable & accrued expense increased from Sep. 2021 (€148 Mil) to Sep. 2022 (€227 Mil) but then declined from Sep. 2022 (€227 Mil) to Sep. 2023 (€175 Mil).

IES Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for IES Holdings'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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IES Holdings Accounts Payable & Accrued Expense Chart

IES Holdings Annual Data

Trend

Sep14

Sep15

Sep16

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Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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99.95

103.34

147.93

226.69

174.88

IES Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															259.78	240.99	174.88	270.47	281.95

IES Holdings 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.

IES Holdings (FRA:45T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » IES Holdings Inc (FRA:45T) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

IESC:USA

Address

2 Riverway, Suite 1730, Houston, TX, USA, 77056

Website

https://www.ies-co.com

IES Holdings Inc owns and manages subsidiaries that design and installs integrated electrical and technology systems and provide infrastructure products and services. It has four business segments; Communications, Residential, Infrastructure Solutions and Commercial & Industrial. Majority of the revenue for the company is generated from its Residential segment in which the company provides electrical installation services for single-family housing and multi-family apartment complexes, as well as heating, ventilation and air conditioning (HVAC) and plumbing installation services. Through this segment it also provides services for the installation of residential solar power, both for new construction and existing residences.

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