Altri SGPS (XLIS:ALTR) Accounts Payable & Accrued Expense : €101.2 Mil (As of Dec. 2023)

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What is Altri SGPS Accounts Payable & Accrued Expense?

Altri SGPS's quarterly accounts payable & accrued expense declined from Jun. 2023 (€128.1 Mil) to Sep. 2023 (€91.8 Mil) but then increased from Sep. 2023 (€91.8 Mil) to Dec. 2023 (€101.2 Mil).

Altri SGPS's annual accounts payable & accrued expense declined from Dec. 2021 (€165.6 Mil) to Dec. 2022 (€157.3 Mil) and declined from Dec. 2022 (€157.3 Mil) to Dec. 2023 (€101.2 Mil).

Altri SGPS Accounts Payable & Accrued Expense Historical Data

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

Altri SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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127.01

122.20

165.62

157.33

101.22

Altri SGPS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															176.48	157.33	128.07	91.80	101.22

Altri SGPS 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.

Altri SGPS (XLIS:ALTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Altri SGPS SA (XLIS:ALTR) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

0DJV:UK ACJ:Germany

Address

Rua Manuel Pinto de Azevedo, 818, Porto, PRT, 4100-320

Website

https://www.altri.pt

Altri SGPS SA manages forests and produces and sells pulp. The company owns and manages eucalyptus forests throughout Portugal and harvests timber. The timber is transported to the firm's mills, where it produces pulp for sale to paper manufacturers. Around half of the company's pulp is sold to tissue paper producers, while other main end products include writing and printing paper, and soluble paste, which is used in the production of textiles. It also generates and sells electricity from biomass. The majority of revenue comes from Europe.