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Concurrent Technologies (LSE:CNC) Accounts Payable & Accrued Expense : £6.27 Mil (As of Dec. 2023)


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What is Concurrent Technologies Accounts Payable & Accrued Expense?

Concurrent Technologies's quarterly accounts payable & accrued expense declined from Dec. 2022 (£5.77 Mil) to Jun. 2023 (£5.22 Mil) but then increased from Jun. 2023 (£5.22 Mil) to Dec. 2023 (£6.27 Mil).

Concurrent Technologies's annual accounts payable & accrued expense increased from Dec. 2021 (£2.13 Mil) to Dec. 2022 (£5.77 Mil) and increased from Dec. 2022 (£5.77 Mil) to Dec. 2023 (£6.27 Mil).


Concurrent Technologies Accounts Payable & Accrued Expense Historical Data

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

Concurrent Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.84 3.86 2.13 5.77 6.27

Concurrent Technologies Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.13 7.14 5.77 5.22 6.27

Concurrent Technologies 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.


Concurrent Technologies (LSE:CNC) Business Description

Industry
Traded in Other Exchanges
Address
4 Gilberd Court, Newcomen Way, Colchester, Essex, GBR, CO4 9WN
Concurrent Technologies PLC is engaged in designing, manufacturing, and supplying innovative high-end embedded computer products aimed at a wide base of customers within the defense, telecommunications, aerospace, transport, scientific, and industrial markets. Its core product range is central processing unit (CPU) boards, designed using Intel processors including the high-performance 11th-generation embedded Intel Core and Intel Xeon processors designed to be compliant with the CompactPCI, OpenVPX, VME, AMC, and XMC open architecture standards. The company's products also support many operating systems including Microsoft Windows, Linux, Solaris, QNX, and VxWorks, all of which are commonly used as standards in embedded applications.

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