Asseco Poland (WAR:ACP) Accounts Payable & Accrued Expense : zł1,282 Mil (As of Mar. 2024)

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What is Asseco Poland Accounts Payable & Accrued Expense?

Asseco Poland's quarterly accounts payable & accrued expense increased from Sep. 2023 (zł123 Mil) to Dec. 2023 (zł1,547 Mil) but then declined from Dec. 2023 (zł1,547 Mil) to Mar. 2024 (zł1,282 Mil).

Asseco Poland's annual accounts payable & accrued expense declined from Dec. 2021 (zł1,446 Mil) to Dec. 2022 (zł1,401 Mil) but then increased from Dec. 2022 (zł1,401 Mil) to Dec. 2023 (zł1,547 Mil).

Asseco Poland Accounts Payable & Accrued Expense Historical Data

The historical data trend for Asseco Poland'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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Asseco Poland Accounts Payable & Accrued Expense Chart

Asseco Poland Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,083.60

1,158.70

1,445.70

1,400.70

1,546.70

Asseco Poland 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															1,328.00	115.00	123.40	1,546.70	1,282.20

Asseco Poland 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.

Asseco Poland (WAR:ACP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Asseco Poland SA (WAR:ACP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SFB1:Germany

Address

14 Olchowa Street, Rzeszow, POL, 35-322

Website

http://www.asseco.pl

Asseco Poland SA is the Polish subsidiary of the multinational Asseco Group, which has a presence in Europe and Israel. The firm develops sector-specific software for banking and finance, and executes large IT projects for healthcare, insurance, and other sectors in public administration. Asseco's flagship product for the banking sector is the comprehensive IT suite def3000, used by financial institutions in Poland. The firm also provides IT consulting, systems integration, and implementation services for large and midsize industrial enterprises. A large majority of the firm's revenue is generated through proprietary software licenses from Polish institutions.