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Allocate Software (LSE:ALLA) Accounts Payable & Accrued Expense : £3.99 Mil (As of May. 2014)


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What is Allocate Software Accounts Payable & Accrued Expense?

Allocate Software's quarterly accounts payable & accrued expense increased from May. 2013 (£4.55 Mil) to Nov. 2013 (£16.05 Mil) but then declined from Nov. 2013 (£16.05 Mil) to May. 2014 (£3.99 Mil).

Allocate Software's annual accounts payable & accrued expense increased from May. 2012 (£4.39 Mil) to May. 2013 (£4.55 Mil) but then declined from May. 2013 (£4.55 Mil) to May. 2014 (£3.99 Mil).


Allocate Software Accounts Payable & Accrued Expense Historical Data

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

Allocate Software Annual Data
Trend May05 May06 May07 May08 May09 May10 May11 May12 May13 May14
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.34 3.07 4.39 4.55 3.99

Allocate Software Semi-Annual Data
Nov04 May05 Nov05 May06 Nov06 May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14
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 4.39 17.84 4.55 16.05 3.99

Allocate Software 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.


Allocate Software (LSE:ALLA) Business Description

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Allocate Software PLC is engaged in the development, sale and support of workforce management solutions, and the provision of related IT services to major healthcare, defence, government and commercial customers. The business of the company is focused principally on the Healthcare market in addition to Defence. Its segments are Licence, Subscriptions, Support, and Services. Licence and Subscriptions segments represent the sale of non-cancellable software licence agreements and subscriptions associated with that software. Support and Services segments represent the provision of installation, consulting, training and product support. It operates in UK, Europe, USA and Australia.

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