Asia Dragon Trust (LSE:DGN) Accounts Payable & Accrued Expense : £7.14 Mil (As of Feb. 2024)

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What is Asia Dragon Trust Accounts Payable & Accrued Expense?

Asia Dragon Trust's quarterly accounts payable & accrued expense declined from Feb. 2023 (£3.60 Mil) to Aug. 2023 (£2.04 Mil) but then increased from Aug. 2023 (£2.04 Mil) to Feb. 2024 (£7.14 Mil).

Asia Dragon Trust's annual accounts payable & accrued expense increased from Aug. 2021 (£1.84 Mil) to Aug. 2022 (£3.41 Mil) but then declined from Aug. 2022 (£3.41 Mil) to Aug. 2023 (£2.04 Mil).

Asia Dragon Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Asia Dragon 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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Asia Dragon Trust Accounts Payable & Accrued Expense Chart

Asia Dragon Trust Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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1.33

4.67

1.84

3.41

2.04

Asia Dragon Trust Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.85	3.41	3.60	2.04	7.14

Asia Dragon 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.

Asia Dragon Trust (LSE:DGN) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Asia Dragon Trust PLC (LSE:DGN) » Definitions » Accounts Payable & Accrued Expense

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DGNl:UK

Address

1 George Street, Edinburgh, GBR, EH2 2LL

Website

https://www.asiadragontrust.co.uk

Asia Dragon Trust PLC is an investment trust located in the United Kingdom. The company's primary objective is to achieve long-term capital growth through investment in the Far East with the exception of Japan and Australasia. Its investments are in stock market principally in large companies whose shares are considered to be attractively priced. The company focuses on diversified investments in various sectors such as Aerospace & Defence, Banks, Automobiles, Construction Materials, Industrial Conglomerates, Real Estate Management & Development, Wireless Telecommunication Services and others. It measures the performance of its portfolio against MSCI All Country Asia (ex-Japan) Index.

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