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Cofle SpA (MIL:CFL) Accounts Payable & Accrued Expense : €12.11 Mil (As of Dec. 2023)


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What is Cofle SpA Accounts Payable & Accrued Expense?

Cofle SpA's quarterly accounts payable & accrued expense increased from Dec. 2022 (€10.42 Mil) to Jun. 2023 (€12.00 Mil) and increased from Jun. 2023 (€12.00 Mil) to Dec. 2023 (€12.11 Mil).

Cofle SpA's annual accounts payable & accrued expense declined from Dec. 2021 (€10.67 Mil) to Dec. 2022 (€10.42 Mil) but then increased from Dec. 2022 (€10.42 Mil) to Dec. 2023 (€12.11 Mil).


Cofle SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cofle 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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Cofle SpA Accounts Payable & Accrued Expense Chart

Cofle SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
8.20 8.63 10.67 10.42 12.11

Cofle SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only 10.67 10.39 10.42 12.00 12.11

Cofle 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.


Cofle SpA (MIL:CFL) Business Description

Industry
Traded in Other Exchanges
Address
Via del Ghezzo, 54, Trezzo sullAdda, ITA, 20056
Cofle SpA designs, produces and sells worldwide control cables and remote control systems for the off-road vehicle, automotive, and automotive after-market sectors. It has two divisions: the Original Equipment Manufacturer (OEM) division through which it manufactures a wide range of highly customized products for customers who install the components on the products sold: through its products, the group deals with customers operating in the agricultural sector, earth-moving and commercial vehicles, and the premium automotive sector; and the After Market (AM) division which manufactures Cofle-branded components such as control cables, brake hoses or EPBs with the same quality as the original for the automotive sector.

Cofle SpA (MIL:CFL) Headlines

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