It Way (MIL:ITW) Accounts Payable & Accrued Expense : €18.61 Mil (As of Dec. 2023)

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What is It Way Accounts Payable & Accrued Expense?

It Way's quarterly accounts payable & accrued expense declined from Jun. 2023 (€12.52 Mil) to Sep. 2023 (€0.00 Mil) but then increased from Sep. 2023 (€0.00 Mil) to Dec. 2023 (€18.61 Mil).

It Way's annual accounts payable & accrued expense declined from Dec. 2021 (€19.38 Mil) to Dec. 2022 (€19.20 Mil) and declined from Dec. 2022 (€19.20 Mil) to Dec. 2023 (€18.61 Mil).

It Way Accounts Payable & Accrued Expense Historical Data

The historical data trend for It Way'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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It Way Accounts Payable & Accrued Expense Chart

It Way Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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17.53

17.07

19.38

19.20

18.61

It Way 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															-	12.52	-	18.61	-

It Way 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.

It Way (MIL:ITW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » It Way (MIL:ITW) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Viale Achille Papa, 30, Ravenna, ITA, 48124

Website

http://www.itway.com

It Way is an Italy-based company that operates in the information technology (IT) industry. The company's segment includes VAD and Others. It generates maximum revenue from the VAD segment. It has three reference sectors namely Valued Added Distribution and Value Added Reseller and Value Added Services. The company focuses on distribution and integration of products and services for logical security of IT systems, professional services and production of solutions and software technologies for e-business and professional services as system integrators and centralization of applications.