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Soluciones Cuatroochenta (XMAD:480S) Accounts Payable & Accrued Expense : €4.84 Mil (As of Dec. 2023)


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What is Soluciones Cuatroochenta Accounts Payable & Accrued Expense?

Soluciones Cuatroochenta's quarterly accounts payable & accrued expense declined from Dec. 2022 (€5.45 Mil) to Jun. 2023 (€3.36 Mil) but then increased from Jun. 2023 (€3.36 Mil) to Dec. 2023 (€4.84 Mil).

Soluciones Cuatroochenta's annual accounts payable & accrued expense increased from Dec. 2021 (€4.22 Mil) to Dec. 2022 (€5.45 Mil) but then declined from Dec. 2022 (€5.45 Mil) to Dec. 2023 (€4.84 Mil).


Soluciones Cuatroochenta Accounts Payable & Accrued Expense Historical Data

The historical data trend for Soluciones Cuatroochenta'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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Soluciones Cuatroochenta Accounts Payable & Accrued Expense Chart

Soluciones Cuatroochenta Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
1.00 2.80 4.22 5.45 4.84

Soluciones Cuatroochenta Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only 4.22 4.09 5.45 3.36 4.84

Soluciones Cuatroochenta 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.


Soluciones Cuatroochenta (XMAD:480S) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Edificio Espaitec 2, Universitat Jaume I, Avenida de Vicent Sos Baynat s / n, Castellon, ESP, 12071
Soluciones Cuatroochenta SA is a technology company developing and implementing digital cloud solutions to meet the challenges and objectives of its clients located in Europe and Latin America. The company, which started as an app development company, has become a solvent technological partner undertaking digital transformations with the powerful management and cybersecurity solutions. This omnichannel service can be tailored to the needs of each organization in order to improve their performance. Its main business models are the development of ad hoc apps for third parties, its own products such as Sefici (process optimization with app and web technology) and 480interactive (software to create apps without programming knowledge), revenue agreements share and participated projects.

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