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Stevanato Group SPA (Stevanato Group SPA) Accounts Payable & Accrued Expense : $303 Mil (As of Mar. 2024)


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What is Stevanato Group SPA Accounts Payable & Accrued Expense?

Stevanato Group SPA's quarterly accounts payable & accrued expense increased from Sep. 2023 ($322 Mil) to Dec. 2023 ($396 Mil) but then declined from Dec. 2023 ($396 Mil) to Mar. 2024 ($303 Mil).

Stevanato Group SPA's annual accounts payable & accrued expense increased from Dec. 2021 ($262 Mil) to Dec. 2022 ($349 Mil) and increased from Dec. 2022 ($349 Mil) to Dec. 2023 ($396 Mil).


Stevanato Group SPA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Stevanato Group 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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Stevanato Group SPA Accounts Payable & Accrued Expense Chart

Stevanato Group SPA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 142.82 206.06 261.85 349.48 395.86

Stevanato Group SPA 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 308.74 363.99 321.95 395.86 303.47

Stevanato Group 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.


Stevanato Group SPA (Stevanato Group SPA) Business Description

Traded in Other Exchanges
Address
Via Molinella 17, Piombino Dese, Padua, ITA, 35017
Stevanato Group SPA is a provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries. It delivers an integrated, end-to-end portfolio of products, processes, and services that address customer needs across the entire drug life cycle including development, clinical, and commercial stages. Stevanato's revenue is geographically diversified, with 60% of sales from Europe, the Middle East and Africa (EMEA), 27% in North America, 10% in Asia-Pacific (APAC), and 3% from South America. It has two segments Biopharmaceutical and Diagnostic Solutions and Engineering.