Zenitel NV (XBRU:ZENT) Accounts Payable & Accrued Expense : €7.07 Mil (As of Dec. 2020)

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What is Zenitel NV Accounts Payable & Accrued Expense?

Zenitel NV's quarterly accounts payable & accrued expense increased from Dec. 2019 (€9.78 Mil) to Jun. 2020 (€15.57 Mil) but then declined from Jun. 2020 (€15.57 Mil) to Dec. 2020 (€7.07 Mil).

Zenitel NV's annual accounts payable & accrued expense increased from Dec. 2018 (€8.90 Mil) to Dec. 2019 (€9.78 Mil) but then declined from Dec. 2019 (€9.78 Mil) to Dec. 2020 (€7.07 Mil).

Zenitel NV Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zenitel NV'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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Zenitel NV Accounts Payable & Accrued Expense Chart

Zenitel NV Annual Data

Trend

Dec11

Dec12

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Dec15

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Dec17

Dec18

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Dec20

Accounts Payable & Accrued Expense

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8.56

6.39

8.90

9.78

7.07

Zenitel NV Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8.90	13.68	9.78	15.57	7.07

Zenitel NV 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.

Zenitel NV (XBRU:ZENT) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zenitel NV (XBRU:ZENT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Z.1 Research Park Zellik 110, Zellik, BEL, 1731

Website

https://www.zenitel.com

Zenitel NV operates in the onshore and offshore secure communications market. It offers integrated security communications solutions under its VingtorStentofon brand. Zenitel products include intercom, public address, 2-way radio systems, sound reception system, and IT/IP solutions. The company serves a diverse range of markets, including building security and public safety, transportation, industrial, oil and gas, and maritime. Its geographical segments are Belgium, Norway, Singapore, Finland, France, the United States, and other foreign countries. The majority of its revenue is derived from Norway.

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