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Ernst Russ AG (STU:HXCK) Accounts Payable & Accrued Expense : €4.3 Mil (As of Jun. 2024)


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What is Ernst Russ AG Accounts Payable & Accrued Expense?

Ernst Russ AG's quarterly accounts payable & accrued expense declined from Dec. 2023 (€14.8 Mil) to Mar. 2024 (€0.0 Mil) but then increased from Mar. 2024 (€0.0 Mil) to Jun. 2024 (€4.3 Mil).

Ernst Russ AG's annual accounts payable & accrued expense increased from Dec. 2021 (€8.6 Mil) to Dec. 2022 (€14.9 Mil) but then declined from Dec. 2022 (€14.9 Mil) to Dec. 2023 (€14.8 Mil).

Ernst Russ AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ernst Russ 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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Ernst Russ AG Accounts Payable & Accrued Expense Chart

Ernst Russ AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.02 8.30 8.62 14.93 14.84

Ernst Russ AG Quarterly Data
Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.33 - 14.84 - 4.31

Ernst Russ 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.

Ernst Russ AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ernst Russ AG (STU:HXCK) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
HAM:NEP FRA:EUK3 BOM:532921 XTER:HLAG HKSE:01919 OCSE:MAERSK B SHSE:600018 TSE:9101 PHS:ICT TPE:2603 TSE:9104 ADX:ADNOCLS XKRX:011200 SHSE:601018 HKSE:00316 TSE:9107 HKSE:01308 XKLS:3816 TPE:2615 TPE:2609
Traded in Other Exchanges
HXCK:Germany
Address
Elbchaussee 370, Hamburg, DEU, 22609
Website
https://www.ernst-russ.de
Ernst Russ AG is a principal investment firm specializing in fund-of-fund investments. It operates in the Shipping and Alternative Investment segment. Within the Shipping segment, it focuses on structuring and asset management of investment vehicles for ships on its behalf and behalf of third parties. The Asset Classes, life insurance, secondary market, and aircraft are managed in the Alternative Investments segment. The firm's majority of revenue comes from Germany through the shipping segment.
Executives
Robert Gärtner Board of Directors

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