Financiere de Tubize (LTS:0D53) Accounts Payable & Accrued Expense : €0.32 Mil (As of Dec. 2023)

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What is Financiere de Tubize Accounts Payable & Accrued Expense?

Financiere de Tubize's quarterly accounts payable & accrued expense increased from Dec. 2022 (€0.22 Mil) to Jun. 2023 (€0.27 Mil) and increased from Jun. 2023 (€0.27 Mil) to Dec. 2023 (€0.32 Mil).

Financiere de Tubize's annual accounts payable & accrued expense declined from Dec. 2021 (€0.49 Mil) to Dec. 2022 (€0.22 Mil) but then increased from Dec. 2022 (€0.22 Mil) to Dec. 2023 (€0.32 Mil).

Financiere de Tubize Accounts Payable & Accrued Expense Historical Data

The historical data trend for Financiere de Tubize'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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Financiere de Tubize Accounts Payable & Accrued Expense Chart

Financiere de Tubize Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.53

0.64

0.49

0.22

0.32

Financiere de Tubize 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															0.49	0.93	0.22	0.27	0.32

Financiere de Tubize 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.

Financiere de Tubize (LTS:0D53) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Financiere de Tubize SA (LTS:0D53) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TUB:Belgium

Address

Allée de la Recherche, 60, Brussels, BEL, 1070

Website

https://www.financiere-tubize.be

Financiere de Tubize SA is a holding company that owns a stake in UCB, a biopharmaceutical company. UCB is a global biotechnology company that develops treatments for conditions related to neurology and immunology. UCB generates the vast majority of its revenue in the United States, followed by Europe and other international markets. Most of its sales revenue is derived from its neurology products, followed by its immunology products. The company's strategy focuses on leveraging scientific advances and skills in areas such as genetics, biomarkers, and human biology.

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