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Tecnicas Reunidas (XMAD:TRE) Accounts Payable & Accrued Expense : €1,130 Mil (As of Dec. 2023)


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What is Tecnicas Reunidas Accounts Payable & Accrued Expense?

Tecnicas Reunidas's quarterly accounts payable & accrued expense declined from Jun. 2023 (€3,357 Mil) to Sep. 2023 (€3,192 Mil) and declined from Sep. 2023 (€3,192 Mil) to Dec. 2023 (€1,130 Mil).

Tecnicas Reunidas's annual accounts payable & accrued expense declined from Dec. 2021 (€2,601 Mil) to Dec. 2022 (€1,114 Mil) but then increased from Dec. 2022 (€1,114 Mil) to Dec. 2023 (€1,130 Mil).


Tecnicas Reunidas Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tecnicas Reunidas'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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Tecnicas Reunidas Accounts Payable & Accrued Expense Chart

Tecnicas Reunidas 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 2,962.56 2,583.94 2,601.20 1,113.65 1,129.87

Tecnicas Reunidas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,113.65 3,379.90 3,357.36 3,191.90 1,129.87

Tecnicas Reunidas 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.


Tecnicas Reunidas (XMAD:TRE) Business Description

Industry
Traded in Other Exchanges
Address
Arapiles Street, 14, Madrid, ESP, 28015
Tecnicas Reunidas SA is a general contracting company. It engages in engineering, design and construction of industrial facilities for international customers including principal national oil companies and multinational companies. The firm's majority of business is focused on large turnkey industrial projects and it also offers engineering, management, start-up and operating services for industrial plants. Its business areas are oil and gas, power, infrastructures and industries. The company mainly operates in Spain, Middle East, Latin America, Asia and the Mediterranean region.

Tecnicas Reunidas (XMAD:TRE) Headlines

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