2G Energy AG (CHIX:2GBD) Accounts Payable & Accrued Expense : €17.1 Mil (As of Dec. 2023)

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What is 2G Energy AG Accounts Payable & Accrued Expense?

2G Energy AG's quarterly accounts payable & accrued expense declined from Dec. 2022 (€20.5 Mil) to Jun. 2023 (€16.6 Mil) but then increased from Jun. 2023 (€16.6 Mil) to Dec. 2023 (€17.1 Mil).

2G Energy AG's annual accounts payable & accrued expense increased from Dec. 2021 (€11.5 Mil) to Dec. 2022 (€20.5 Mil) but then declined from Dec. 2022 (€20.5 Mil) to Dec. 2023 (€17.1 Mil).

2G Energy AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for 2G Energy 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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2G Energy AG Accounts Payable & Accrued Expense Chart

2G Energy AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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13.73

10.01

11.47

20.48

17.11

2G Energy AG 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															11.47	17.87	20.48	16.55	17.11

2G Energy 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.

2G Energy AG (CHIX:2GBD) Business Description

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2GB:Germany

Address

Benzstrasse 3, Heek, NW, DEU, 48619

Website

https://www.2-g.de

2G Energy AG is a Germany based company manufacturer and provider of decentralized energy supply systems. The group through development, production, and technical installation, as well as digital grid integration, combined heat and power systems (CHP), offers comprehensive solutions for combined heat and power generation. The product range of the company includes CHP modules for operation deploying natural gas, biogas, other lean gases, and hydrogen. The company's products have applications in sectors like Chemical and pharmaceutical industries, Horticultural, shopping centers, landfills, hotels, heating networks, swimming pools, and others. The group has business operations in Germany and internationally, of which the majority of the revenue is derived from the operations in Germany.

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