Servizi Italia SpA (MIL:SRI) Accounts Payable & Accrued Expense : €107.1 Mil (As of Mar. 2024)

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What is Servizi Italia SpA Accounts Payable & Accrued Expense?

Servizi Italia SpA's quarterly accounts payable & accrued expense increased from Sep. 2023 (€102.7 Mil) to Dec. 2023 (€109.4 Mil) but then declined from Dec. 2023 (€109.4 Mil) to Mar. 2024 (€107.1 Mil).

Servizi Italia SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€96.9 Mil) to Dec. 2022 (€104.3 Mil) and increased from Dec. 2022 (€104.3 Mil) to Dec. 2023 (€109.4 Mil).

Servizi Italia SpA Accounts Payable & Accrued Expense Historical Data

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

Servizi Italia SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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101.07

98.19

96.85

104.33

109.43

Servizi Italia SpA 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															103.69	104.89	102.69	109.43	107.12

Servizi Italia 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.

Servizi Italia SpA (MIL:SRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Servizi Italia SpA (MIL:SRI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SRIm:UK

Address

Via San Pietro 59/B, Castellina di Soragna, ITA, 43019

Website

https://www.servizitaliagroup.com

Servizi Italia SpA is an Italy-based company. Together with its subsidiaries, the firm operates in three segments including Wash hire, Linen sterilisation, and Sterilisation of surgical instruments. Wash hire segment includes planning and provision of integrated hire, reconditioning and logistics services for textile items, mattresses, and accessories. Linen sterilisation includes the planning and rental of sterile medical devices. Sterilisation of surgical instruments includes planning and provision of washing, packaging and sterilisation services for surgical instruments and accessories. The majority of the revenues are generated from the Wash Hire segment. The group operates in Turkey, Brazil, and Italy, out of which the majority of the revenue comes from Italy.