Nexi SpA (MIL:NEXI) Accounts Payable & Accrued Expense : €419 Mil (As of Jun. 2023)

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What is Nexi SpA Accounts Payable & Accrued Expense?

Nexi SpA's quarterly accounts payable & accrued expense declined from Jun. 2022 (€331 Mil) to Dec. 2022 (€158 Mil) but then increased from Dec. 2022 (€158 Mil) to Jun. 2023 (€419 Mil).

Nexi SpA's annual accounts payable & accrued expense increased from Dec. 2020 (€28 Mil) to Dec. 2021 (€103 Mil) and increased from Dec. 2021 (€103 Mil) to Dec. 2022 (€158 Mil).

Nexi SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nexi 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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Nexi SpA Accounts Payable & Accrued Expense Chart

Nexi SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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10.56

28.03

102.88

158.04

37.78

Nexi SpA Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									102.88	330.90	158.04	418.92	37.78

Nexi 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.

Nexi SpA (MIL:NEXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nexi SpA (MIL:NEXI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

NEXPF:USA NEXXY:USA 0NX5:UK NEXIm:UK N0XA:Germany NEXI:Austria

Address

Corso Sempione 55, Milan, ITA, 20149

Website

https://www.nexi.it

Nexi is a payment services provider offering merchant acquiring, card issuing, and digital banking services across Europe. Nexi's services cover the entire payment chain excluding the card scheme. It offers its acquiring and issuing services either in partnerships with banks, providing point-of-sale terminals, processing, or issuing services on their behalf or directly to merchants.