ecotel communication ag (XTER:E4C) Accounts Payable & Accrued Expense : €13.5 Mil (As of Mar. 2024)

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What is ecotel communication ag Accounts Payable & Accrued Expense?

ecotel communication ag's quarterly accounts payable & accrued expense declined from Sep. 2023 (€18.4 Mil) to Dec. 2023 (€13.3 Mil) but then increased from Dec. 2023 (€13.3 Mil) to Mar. 2024 (€13.5 Mil).

ecotel communication ag's annual accounts payable & accrued expense increased from Dec. 2021 (€13.0 Mil) to Dec. 2022 (€15.7 Mil) but then declined from Dec. 2022 (€15.7 Mil) to Dec. 2023 (€13.3 Mil).

ecotel communication ag Accounts Payable & Accrued Expense Historical Data

The historical data trend for ecotel communication ag'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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ecotel communication ag Accounts Payable & Accrued Expense Chart

ecotel communication ag Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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10.82

9.91

13.02

15.67

13.33

ecotel communication ag Quarterly Data
	Jun19	Sep19	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															19.66	16.56	18.44	13.33	13.54

ecotel communication ag 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.

ecotel communication ag (XTER:E4C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » ecotel communication ag (XTER:E4C) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

E4C:Germany E4C:Germany

Address

Prinzenallee 11, Dusseldorf, NW, DEU, 40549

Website

https://www.ecotel.de

ecotel Communication ag is a telecommunication company operating in Germany that provides a solution to customers involved in the IT and telecommunication industry. The company operates under business segments that is Ecotel Business customers, Ecotel Wholesale, and Easybell, Majority of the firm's revenue comes from Ecotel Business customers which offers business customers throughout Germany an integrated product portfolio of voice and data services (ICT solutions). The firm's sales are mostly generated in Germany.

Executives

Achim Theis	Board of Directors
Holger Hommes	Chief Financial Officer / Prokurist
Markus Hendrich	Board of Directors

ecotel communication ag (XTER:E4C) Headlines

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