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Omer SpA (MIL:OMER) Accounts Payable & Accrued Expense : €14.24 Mil (As of Dec. 2023)


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What is Omer SpA Accounts Payable & Accrued Expense?

Omer SpA's quarterly accounts payable & accrued expense increased from Dec. 2022 (€10.47 Mil) to Jun. 2023 (€14.41 Mil) but then declined from Jun. 2023 (€14.41 Mil) to Dec. 2023 (€14.24 Mil).

Omer SpA's annual accounts payable & accrued expense declined from Dec. 2021 (€15.56 Mil) to Dec. 2022 (€10.47 Mil) but then increased from Dec. 2022 (€10.47 Mil) to Dec. 2023 (€14.24 Mil).

Omer SpA Accounts Payable & Accrued Expense Historical Data

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

Omer SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 7.99 12.23 15.56 10.47 14.24

Omer SpA Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only 15.56 17.36 10.47 14.41 14.24

Omer 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.

Omer SpA (MIL:OMER) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Omer SpA (MIL:OMER) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
MIL:FVI MIL:VIM MIL:EM HKSE:00669 SNA SWK LECO TTC OSTO:SKF B TSE:6586 RBC TKR TSE:9962 XSWX:SFSN OSTO:HUSQ A XTER:GIL SZSE:002444 NSE:SKFINDIA BOM:522113 SZSE:301029
Traded in Other Exchanges
9WR:Germany
Address
Via Foresto, 42, Susegana, ITA, 31058
Website
https://www.omerspa.com
Omer SpA is engaged in the design, production and sale of power tools and the relevant fasteners. Its products include Pneumatic tools and fasteners, Industrial staples under the brand's More, Omer USA, Omer Hungary, Velo, Rapter, Black Magic among others.