Piaggio & C. SpA (LTS:0FM1) Accounts Payable & Accrued Expense : €775 Mil (As of Mar. 2024)

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What is Piaggio & C. SpA Accounts Payable & Accrued Expense?

Piaggio & C. SpA's quarterly accounts payable & accrued expense declined from Sep. 2023 (€765 Mil) to Dec. 2023 (€727 Mil) but then increased from Dec. 2023 (€727 Mil) to Mar. 2024 (€775 Mil).

Piaggio & C. SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€695 Mil) to Dec. 2022 (€828 Mil) but then declined from Dec. 2022 (€828 Mil) to Dec. 2023 (€727 Mil).

Piaggio & C. SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Piaggio & C. SpA'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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Piaggio & C. SpA Accounts Payable & Accrued Expense Chart

Piaggio & C. SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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530.32

541.27

695.39

828.13

726.72

Piaggio & C. SpA 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															806.11	836.00	764.51	726.72	775.34

Piaggio & C. SpA 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.

Piaggio & C. SpA (LTS:0FM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Piaggio & C. SpA (LTS:0FM1) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PIAGF:USA PIA:Italy P1I:Germany

Address

Viale Rinaldo Piaggio, 25, Pontedera, Pisa, ITA, 56025

Website

https://www.piaggiogroup.com

Piaggio & C. SpA is an Italian manufacturer of motor vehicles with international operations. The product portfolio consists of scooters, mopeds, and motorcycles marketed under the Aprilia, Piaggio, Vespa, Moto Guzzi, Gilera, Derbi, and Scarabeo brands, as well as three- and four-wheeler light vehicles, marketed under the Ape, Porter and Quargo brands. Piaggio's sales are mainly in Europe, the Middle East, Africa; the Americas; and India, but are also in the Asia-Pacific region. The firm's manufacturing units are located in Italy, India, and Vietnam. Piaggio has a 45% stake in a Chinese joint-venture operation.

Piaggio & C. SpA (LTS:0FM1) Headlines

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