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Funding Circle Holdings (Funding Circle Holdings) Accounts Payable & Accrued Expense : $49.6 Mil (As of Dec. 2023)


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What is Funding Circle Holdings Accounts Payable & Accrued Expense?

Funding Circle Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 ($21.0 Mil) to Jun. 2023 ($53.3 Mil) but then declined from Jun. 2023 ($53.3 Mil) to Dec. 2023 ($49.6 Mil).

Funding Circle Holdings's annual accounts payable & accrued expense declined from Dec. 2021 ($26.6 Mil) to Dec. 2022 ($21.0 Mil) but then increased from Dec. 2022 ($21.0 Mil) to Dec. 2023 ($49.6 Mil).


Funding Circle Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Funding Circle Holdings'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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Funding Circle Holdings Accounts Payable & Accrued Expense Chart

Funding Circle Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 10.49 15.32 26.60 20.95 49.62

Funding Circle Holdings Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.60 37.44 20.95 53.28 49.62

Funding Circle Holdings 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.


Funding Circle Holdings (Funding Circle Holdings) Business Description

Traded in Other Exchanges
Address
71 Queen Victoria Street, London, GBR, EC4V 4AY
Funding Circle Holdings PLC provides an online lending platform through which borrower loans are originated and allocated to investors and comprising the different online lending platforms across the company's geographies. The company's geographical segments include the United Kingdom, the United States, and developing markets. It derives the majority of its revenue from the United Kingdom region.