CIR SpA (LTS:0ONR) Accounts Payable & Accrued Expense : €326 Mil (As of Dec. 2023)

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What is CIR SpA Accounts Payable & Accrued Expense?

CIR SpA's quarterly accounts payable & accrued expense increased from Dec. 2022 (€446 Mil) to Jun. 2023 (€512 Mil) but then declined from Jun. 2023 (€512 Mil) to Dec. 2023 (€326 Mil).

CIR SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€417 Mil) to Dec. 2022 (€446 Mil) but then declined from Dec. 2022 (€446 Mil) to Dec. 2023 (€326 Mil).

CIR SpA Accounts Payable & Accrued Expense Historical Data

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

CIR SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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545.84

424.61

417.37

445.83

326.25

CIR SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															417.37	500.18	445.83	511.65	326.25

CIR SpA 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.

CIR SpA (LTS:0ONR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CIR SpA (LTS:0ONR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CIR:Italy

Address

Via Ciovassino 1, Milan, ITA, 20121

Website

https://www.cirgroup.it

CIR SpA is a holding company engaged in the Automotive Components and Healthcare Sectors. It operates through two subsidiaries namely, the KOS group and the Sogefi group. Sogefi Group is engaged in providing automobile components that generate maximum revenue for the company. Its geographical operations are spread across Italy, Other European countries, North America, South America, and Asia.

CIR SpA (LTS:0ONR) Headlines

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