Corticeira Amorim SGPS (XLIS:COR) Accounts Payable & Accrued Expense : €169.5 Mil (As of Dec. 2023)

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What is Corticeira Amorim SGPS Accounts Payable & Accrued Expense?

Corticeira Amorim SGPS's quarterly accounts payable & accrued expense declined from Jun. 2023 (€244.8 Mil) to Sep. 2023 (€239.7 Mil) and declined from Sep. 2023 (€239.7 Mil) to Dec. 2023 (€169.5 Mil).

Corticeira Amorim SGPS's annual accounts payable & accrued expense increased from Dec. 2021 (€171.5 Mil) to Dec. 2022 (€184.0 Mil) but then declined from Dec. 2022 (€184.0 Mil) to Dec. 2023 (€169.5 Mil).

Corticeira Amorim SGPS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Corticeira Amorim SGPS'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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Corticeira Amorim SGPS Accounts Payable & Accrued Expense Chart

Corticeira Amorim SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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142.47

118.63

171.52

184.02

169.54

Corticeira Amorim SGPS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															184.02	173.92	244.79	239.65	169.54

Corticeira Amorim SGPS 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.

Corticeira Amorim SGPS (XLIS:COR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Corticeira Amorim SGPS SA (XLIS:COR) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

0O7J:UK AS4:Germany

Address

No. 380, Rua Comendador Américo Ferreira de Amorim, Mozelos, PRT, 4536-902

Website

https://www.corticeiraamorim.com

Corticeira Amorim SGPS SA (Corticeira Amorim) is a holding company engaged in cork-related products. Group organizes its activities into five business divisions: Raw Materials, Cork Stoppers, Floor and wall Coverings, Cork Composites, and Insulation Cork. The company's products include stoppers for wine and other spirits, granulated cork, rubber cork, cork floorings and giftware. The business of the company is operated through Portugal, Spain, Tunisia, the United States, Australia, Germany, China, Italy, Argentina, France and Netherlands. The company derives majority of the revenue from European region.