RM (AQSE:RM.GB) Accounts Payable & Accrued Expense : £23.9 Mil (As of Nov. 2023)

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What is RM Accounts Payable & Accrued Expense?

RM's quarterly accounts payable & accrued expense declined from Nov. 2022 (£40.1 Mil) to May. 2023 (£25.0 Mil) and declined from May. 2023 (£25.0 Mil) to Nov. 2023 (£23.9 Mil).

RM's annual accounts payable & accrued expense increased from Nov. 2021 (£28.8 Mil) to Nov. 2022 (£40.1 Mil) but then declined from Nov. 2022 (£40.1 Mil) to Nov. 2023 (£23.9 Mil).

RM Accounts Payable & Accrued Expense Historical Data

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

RM Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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51.35

61.98

28.77

40.14

23.90

RM Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															28.77	30.16	40.14	24.99	23.90

RM 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.

RM (AQSE:RM.GB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RM PLC (AQSE:RM.GB) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

RMl:UK RM.:UK RMP1:Germany

Address

142B Park Drive, Milton Park, Milton, Abingdon, Oxfordshire, GBR, OX14 4SE

Website

https://www.rmplc.com

RM PLC provides resources, software, and services to the education sector. The company is structured into three operating divisions: RM Resources, RM Assessment, and RM Technology. The RM Resources division consists of the operating business of TTS. TTS provides education resources used in schools through a predominantly direct marketing business model. The RM Assessment business provides IT software and services to exam boards and professional bodies to allow e-assessment. RM Technology division focuses on supplying IT software and services to schools and colleges. Its primary geographic markets are the United Kingdom, Europe, North America, Asia, the Middle East, and the Rest of the world.

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