Smartnd (FRA:1SD) Accounts Payable & Accrued Expense : €21.4 Mil (As of Mar. 2024)

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What is Smartnd Accounts Payable & Accrued Expense?

Smartnd's quarterly accounts payable & accrued expense increased from Sep. 2023 (€22.1 Mil) to Dec. 2023 (€23.2 Mil) but then declined from Dec. 2023 (€23.2 Mil) to Mar. 2024 (€21.4 Mil).

Smartnd's annual accounts payable & accrued expense increased from Dec. 2021 (€19.2 Mil) to Dec. 2022 (€25.2 Mil) but then declined from Dec. 2022 (€25.2 Mil) to Dec. 2023 (€23.2 Mil).

Smartnd Accounts Payable & Accrued Expense Historical Data

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

Smartnd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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9.76

12.63

19.25

25.20

23.20

Smartnd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															25.66	24.07	22.07	23.20	21.35

Smartnd 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.

Smartnd (FRA:1SD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Smart Sand Inc (FRA:1SD) » Definitions » Accounts Payable & Accrued Expense

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SND:USA

Address

28420 Hardy Toll Road, Suite 130, Spring, TX, USA, 77373

Website

https://www.smartsand.com

Smart Sand Inc is a fully integrated frac sand supply and services company that offers complete mine-to-well site proppant supply and logistics solutions. It produces Northern White frac sand, which is a premium proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. Its product portfolio includes Smart System, which includes SmartDepot Silo and SmartPath Loader. The company caters its products and services to oil and natural gas exploration and production companies and oilfield service companies. The majority of its revenue comes from Sand Sales, followed by logistics.

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