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Albion Venture Capital Trust (LSE:AAVC) Accounts Payable & Accrued Expense : £0.68 Mil (As of Sep. 2023)


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What is Albion Venture Capital Trust Accounts Payable & Accrued Expense?

Albion Venture Capital Trust's quarterly accounts payable & accrued expense declined from Sep. 2022 (£0.51 Mil) to Mar. 2023 (£0.21 Mil) but then increased from Mar. 2023 (£0.21 Mil) to Sep. 2023 (£0.68 Mil).

Albion Venture Capital Trust's annual accounts payable & accrued expense declined from Mar. 2021 (£0.36 Mil) to Mar. 2022 (£0.03 Mil) but then increased from Mar. 2022 (£0.03 Mil) to Mar. 2023 (£0.21 Mil).


Albion Venture Capital Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Albion Venture Capital Trust'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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Albion Venture Capital Trust Accounts Payable & Accrued Expense Chart

Albion Venture Capital Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.22 0.36 0.03 0.21

Albion Venture Capital Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.88 0.03 0.51 0.21 0.68

Albion Venture Capital Trust 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.


Albion Venture Capital Trust (LSE:AAVC) Business Description

Traded in Other Exchanges
N/A
Address
1 Benjamin Street, London, GBR, EC1M 5QL
Albion Venture Capital Trust PLC is a UK-based venture capital trust. The principal activity of the company is to select and hold a portfolio of investments in unquoted securities. Its investment objectives are to manage the risk normally associated with investments in smaller unquoted companies while maintaining an attractive yield, by allowing investors to participate in a balanced portfolio of asset-backed businesses. The firm invests in various sectors, including healthcare, renewable energy, education, Business services, Growth and technology, Cash and cash equivalents, and Hotels. Its investments are normally structured as a mixture of equity and loan stock. Loan stock represents the majority of the finance provided and is secured on the assets of the portfolio company.

Albion Venture Capital Trust (LSE:AAVC) Headlines

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