Altitude Group (LSE:ALT) Accounts Payable & Accrued Expense : £3.51 Mil (As of Sep. 2023)

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What is Altitude Group Accounts Payable & Accrued Expense?

Altitude Group's quarterly accounts payable & accrued expense declined from Sep. 2022 (£2.34 Mil) to Mar. 2023 (£1.26 Mil) but then increased from Mar. 2023 (£1.26 Mil) to Sep. 2023 (£3.51 Mil).

Altitude Group's annual accounts payable & accrued expense declined from Mar. 2021 (£1.32 Mil) to Mar. 2022 (£0.90 Mil) but then increased from Mar. 2022 (£0.90 Mil) to Mar. 2023 (£1.26 Mil).

Altitude Group Accounts Payable & Accrued Expense Historical Data

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

Altitude Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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1.60

0.99

1.32

0.90

1.26

Altitude Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.98	0.90	2.34	1.26	3.51

Altitude Group 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.

Altitude Group (LSE:ALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Altitude Group PLC (LSE:ALT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

D9E:Germany

Address

32 Eyre Street, 7th Floor, Sheffield City Centre, Sheffield, GBR, S1 4QZ

Website

http://www.altitudeplc.com

Altitude Group PLC operates a technology and information business providing services to the promotional merchandising and print industries across North America and the United Kingdom. The company enables the buyers and sellers of products to interact and trade, through the provision of technology, catalogues, and exhibition services, in the promotional merchandising and printing sectors. Its service portfolio comprises technology services such as cloud and server-based software, website solution, information service solution. It derives mainly of its revenue from North America.