UET United Electronic Technology AG (XTER:CFC) Accounts Payable & Accrued Expense : €7.71 Mil (As of Jun. 2023)

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What is UET United Electronic Technology AG Accounts Payable & Accrued Expense?

UET United Electronic Technology AG's quarterly accounts payable & accrued expense declined from Jun. 2022 (€7.10 Mil) to Dec. 2022 (€6.45 Mil) but then increased from Dec. 2022 (€6.45 Mil) to Jun. 2023 (€7.71 Mil).

UET United Electronic Technology AG's annual accounts payable & accrued expense increased from Dec. 2020 (€2.69 Mil) to Dec. 2021 (€5.80 Mil) and increased from Dec. 2021 (€5.80 Mil) to Dec. 2022 (€6.45 Mil).

UET United Electronic Technology AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for UET United Electronic Technology AG'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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UET United Electronic Technology AG Accounts Payable & Accrued Expense Chart

UET United Electronic Technology AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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8.60

5.50

2.69

5.80

6.45

UET United Electronic Technology AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.50	5.80	7.10	6.45	7.71

UET United Electronic Technology AG 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.

UET United Electronic Technology AG (XTER:CFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » UET United Electronic Technology AG (XTER:CFC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CFC:Germany CFC:Germany

Address

Frankfurter Strasse 80-82, Eschborn, DEU, 65760

Website

http://www.uet-group.com

UET United Electronic Technology AG is primarily engaged in systems, telecommunication systems for broadband, wired networks, manufacturing of electronic products, providers of services for development, production, logistics of electronic modules and systems. Geographically it operates through the region of Germany and internationally. Majority of its revenue comes from the systems and electronic products business.

UET United Electronic Technology AG (XTER:CFC) Headlines

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