Convergenze SpA (MIL:CVG) Accounts Payable & Accrued Expense : €4.41 Mil (As of Dec. 2023)

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What is Convergenze SpA Accounts Payable & Accrued Expense?

Convergenze SpA's quarterly accounts payable & accrued expense declined from Dec. 2022 (€3.32 Mil) to Jun. 2023 (€3.13 Mil) but then increased from Jun. 2023 (€3.13 Mil) to Dec. 2023 (€4.41 Mil).

Convergenze SpA's annual accounts payable & accrued expense declined from Dec. 2021 (€4.46 Mil) to Dec. 2022 (€3.32 Mil) but then increased from Dec. 2022 (€3.32 Mil) to Dec. 2023 (€4.41 Mil).

Convergenze SpA Accounts Payable & Accrued Expense Historical Data

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

Convergenze SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3.88

4.46

3.32

4.41

Convergenze SpA Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						4.46	3.72	3.32	3.13	4.41

Convergenze 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.

Convergenze SpA (MIL:CVG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Convergenze SpA (MIL:CVG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Magna Graecia 136, Capaccio Paestum, Salerno, ITA, 84047

Website

https://www.convergenze.it

Convergenze SpA is engaged in providing telecommunication services. The company wireless internet services, mobile calling and data services, television subscription services, voice call services, and other related services.