Technip Energies NV (XPAR:TE) Accounts Payable & Accrued Expense : €1,708 Mil (As of Dec. 2023)

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What is Technip Energies NV Accounts Payable & Accrued Expense?

Technip Energies NV's quarterly accounts payable & accrued expense declined from Dec. 2022 (€1,841 Mil) to Jun. 2023 (€1,458 Mil) but then increased from Jun. 2023 (€1,458 Mil) to Dec. 2023 (€1,708 Mil).

Technip Energies NV's annual accounts payable & accrued expense increased from Dec. 2021 (€1,679 Mil) to Dec. 2022 (€1,841 Mil) but then declined from Dec. 2022 (€1,841 Mil) to Dec. 2023 (€1,708 Mil).

Technip Energies NV Accounts Payable & Accrued Expense Historical Data

The historical data trend for Technip Energies 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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Technip Energies NV Accounts Payable & Accrued Expense Chart

Technip Energies NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,496.10

1,519.50

1,678.90

1,841.20

1,708.10

Technip Energies NV Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							1,678.90	1,814.70	1,841.20	1,457.50	1,708.10

Technip Energies 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.

Technip Energies NV (XPAR:TE) Business Description

Industry

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Traded in Other Exchanges

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Address

2126 boulevard de la Defense, CS 10266, Nanterre, Cedex, FRA, 92741

Website

https://www.technipenergies.com

Technip Energies NV is an engineering and technology company specialized in providing projects, technologies, products and services on energy infrastructure both onshore and offshore. Substantial revenue is derived from the Project Delivery segment.