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Munic (XPAR:ALMUN) Accounts Payable & Accrued Expense : €5.12 Mil (As of Dec. 2023)


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What is Munic Accounts Payable & Accrued Expense?

Munic's quarterly accounts payable & accrued expense declined from Dec. 2022 (€5.45 Mil) to Jun. 2023 (€3.47 Mil) but then increased from Jun. 2023 (€3.47 Mil) to Dec. 2023 (€5.12 Mil).

Munic's annual accounts payable & accrued expense declined from Dec. 2021 (€7.37 Mil) to Dec. 2022 (€5.45 Mil) and declined from Dec. 2022 (€5.45 Mil) to Dec. 2023 (€5.12 Mil).


Munic Accounts Payable & Accrued Expense Historical Data

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

Munic Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 10.30 3.26 7.37 5.45 5.12

Munic Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.37 5.73 5.45 3.47 5.12

Munic 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.


Munic (XPAR:ALMUN) Business Description

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Address
100 avenue de Stalingrad, Villejuif, Paris, FRA, 94800
Munic SA is a vehicle data collection, processing and monetization company in Europe and North America. The company designs intelligent solutions in vehicles which collect data using the Munic box directly connected to the heart of the vehicle's electronic network via a universal socket, process such data locally within the Munic box; transmit and analyze such data on a proprietary artificial intelligence platform Munic.io; and allow B-to-B third parties to integrate their commercial applications on Munic.io to monetize the data collected. Its products include Munic Max V4, Munic V6 and Munic V6+ and V7+.

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