Zardoya Otis (XMAD:ZOT) Accounts Payable & Accrued Expense : €107.0 Mil (As of Nov. 2021)

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What is Zardoya Otis Accounts Payable & Accrued Expense?

Zardoya Otis's quarterly accounts payable & accrued expense declined from May. 2021 (€53.0 Mil) to Aug. 2021 (€0.0 Mil) but then increased from Aug. 2021 (€0.0 Mil) to Nov. 2021 (€107.0 Mil).

Zardoya Otis's annual accounts payable & accrued expense declined from Nov. 2019 (€114.7 Mil) to Nov. 2020 (€111.9 Mil) and declined from Nov. 2020 (€111.9 Mil) to Nov. 2021 (€107.0 Mil).

Zardoya Otis Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zardoya Otis'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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Zardoya Otis Accounts Payable & Accrued Expense Chart

Zardoya Otis Annual Data

Trend

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Accounts Payable & Accrued Expense

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120.56

118.83

114.75

111.91

106.96

Zardoya Otis Quarterly Data
	Nov15	May16	Nov16	May17	Nov17	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															111.91	-	53.02	-	106.96

Zardoya Otis 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.

Zardoya Otis (XMAD:ZOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zardoya Otis SA (XMAD:ZOT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

C / Gulf of Thessaloniki No. 73, Madrid, ESP, 28033

Website

https://www.otis.com

Zardoya Otis SA and its subsidiaries are in the business of manufacturing and installing elevators and provision of related maintenance services and export of equipment for installation. The company has manufacturing plants in Madrid and San Sebastian and modernization centers in Munguia and Vigo. Its significant contracts include Louvre museum, Stavros niarchos foundation and Auchan supermarkets. The company mainly operates in Spain, Portugal and Morocco.

Zardoya Otis (XMAD:ZOT) Headlines

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