Highway Capital (LSE:HWC) Accounts Payable & Accrued Expense : £0.91 Mil (As of Aug. 2022)

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What is Highway Capital Accounts Payable & Accrued Expense?

Highway Capital's quarterly accounts payable & accrued expense increased from Aug. 2021 (£0.78 Mil) to Feb. 2022 (£1.00 Mil) but then declined from Feb. 2022 (£1.00 Mil) to Aug. 2022 (£0.91 Mil).

Highway Capital's annual accounts payable & accrued expense declined from Feb. 2020 (£0.15 Mil) to Feb. 2021 (£0.02 Mil) but then increased from Feb. 2021 (£0.02 Mil) to Feb. 2022 (£1.00 Mil).

Highway Capital Accounts Payable & Accrued Expense Historical Data

The historical data trend for Highway Capital'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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Highway Capital Accounts Payable & Accrued Expense Chart

Highway Capital Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Accounts Payable & Accrued Expense

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0.09

0.07

0.15

0.02

1.00

Highway Capital Semi-Annual Data
	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.76	0.02	0.78	1.00	0.91

Highway Capital 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.

Highway Capital (LSE:HWC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Highway Capital PLC (LSE:HWC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Reynolds Road, Eden House, Beaconsfield, Buckinghamshire, GBR, HP9 2FL

Website

http://www.highwaycapital.co.uk

Highway Capital PLC is a United Kingdom-based company. The company focuses on investing in or acquiring undervalued companies with either strong asset backing or opportunities, which possess high barriers to entry.