Econocom Group SE (XBRU:ECONB) Accounts Payable & Accrued Expense : €824 Mil (As of Dec. 2023)

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What is Econocom Group SE Accounts Payable & Accrued Expense?

Econocom Group SE's quarterly accounts payable & accrued expense declined from Dec. 2022 (€937 Mil) to Jun. 2023 (€757 Mil) but then increased from Jun. 2023 (€757 Mil) to Dec. 2023 (€824 Mil).

Econocom Group SE's annual accounts payable & accrued expense increased from Dec. 2021 (€894 Mil) to Dec. 2022 (€937 Mil) but then declined from Dec. 2022 (€937 Mil) to Dec. 2023 (€824 Mil).

Econocom Group SE Accounts Payable & Accrued Expense Historical Data

The historical data trend for Econocom Group SE'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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Econocom Group SE Accounts Payable & Accrued Expense Chart

Econocom Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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998.60

993.90

894.20

937.10

824.40

Econocom Group SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															894.20	829.90	937.10	757.00	824.40

Econocom Group SE 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.

Econocom Group SE (XBRU:ECONB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Econocom Group SE (XBRU:ECONB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

0RPX:UK 1E91:Germany

Address

11 square Leon Blum, Puteaux, FRA, 92800

Website

https://www.econocom.com

Econocom Group SE Formerly Econocom Group SA/NV is a European company that designs, finances, and oversees the digital transformation of businesses. The company provides consulting technology management, and financing of digital assets under the Econocom and Atlance brands, as well as application and digital solution services for client companies' IT systems. Additionally, Econocom provides security guidelines and tools, web and mobile applications, and project financing. The company generates revenue from France, Benelux, and other regions in Europe and the Americas, with France representing more than half of total sales. The company operates through three segments: Technology management and financing and Digital Services & Solutions.

Econocom Group SE (XBRU:ECONB) Headlines

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