Clover Health Investments (STU:7QD) Accounts Payable & Accrued Expense : €279 Mil (As of Mar. 2024)

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What is Clover Health Investments Accounts Payable & Accrued Expense?

Clover Health Investments's quarterly accounts payable & accrued expense declined from Sep. 2023 (€335 Mil) to Dec. 2023 (€220 Mil) but then increased from Dec. 2023 (€220 Mil) to Mar. 2024 (€279 Mil).

Clover Health Investments's annual accounts payable & accrued expense increased from Dec. 2021 (€196 Mil) to Dec. 2022 (€329 Mil) but then declined from Dec. 2022 (€329 Mil) to Dec. 2023 (€220 Mil).

Clover Health Investments Accounts Payable & Accrued Expense Historical Data

The historical data trend for Clover Health Investments'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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Clover Health Investments Accounts Payable & Accrued Expense Chart

Clover Health Investments Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.11

113.95

196.45

328.62

219.87

Clover Health Investments Quarterly Data
	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													356.12	322.93	335.19	219.87	278.96

Clover Health Investments 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.

Clover Health Investments (STU:7QD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Clover Health Investments Corp (STU:7QD) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CLOV:USA

Address

3401 Mallory Lane, Suite 210, Franklin, TN, USA, 37067

Website

https://www.cloverhealth.com

Clover Health Investments Corp is a healthcare technology company. It uses its proprietary technology platform to collect, structure, & analyze health & behavioral data to improve medical outcomes & lower costs for patients. The Group has two operating segments. The insurance segment provides PPO(Preferred provider Organization) & HMO(Health Maintenance Organization) plans to Medicare Advantage members in several states & seeks to improve care & lower costs which generally provide access to a wide network of primary care providers, specialists, & hospitals. Non-insurance segment includes the Company's operations relating to CMS' DC (Direct Contracting) Model, which provides options aimed at reducing expenditures & preserving or enhancing the quality of care for beneficiaries.

Clover Health Investments (STU:7QD) Headlines

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