Instem (LSE:INS) Accounts Payable & Accrued Expense : £5.07 Mil (As of Jun. 2023)

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What is Instem Accounts Payable & Accrued Expense?

Instem's quarterly accounts payable & accrued expense declined from Jun. 2022 (£4.91 Mil) to Dec. 2022 (£3.12 Mil) but then increased from Dec. 2022 (£3.12 Mil) to Jun. 2023 (£5.07 Mil).

Instem's annual accounts payable & accrued expense increased from Dec. 2020 (£1.00 Mil) to Dec. 2021 (£2.21 Mil) and increased from Dec. 2021 (£2.21 Mil) to Dec. 2022 (£3.12 Mil).

Instem Accounts Payable & Accrued Expense Historical Data

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

Instem Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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1.20

1.50

1.00

2.21

3.12

Instem Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.06	2.21	4.91	3.12	5.07

Instem 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.

Instem (LSE:INS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Instem PLC (LSE:INS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Diamond Way, Stone Business Park, Stone, Staffordshire, GBR, ST15 0SD

Website

https://www.instem.com

Instem PLC acts as a supplier of IT applications and technology-enabled outsourced services to the global health and life sciences community. Its segments include Study Management, Regulatory Solutions, and In Silico Solutions, Clinical Trial Acceleration. The company generates maximum revenue from Study Management. Geographically, it derives a majority of its revenue from the United States and also has a presence in the Europe and Rest of the World. Its portfolio of software solutions includes Instem Cloud, SEND Data Conversion, KnowledgeScan, SENDReady Consulting, Solution Deployment, Validation, Data Management, and Regulatory Information Management.

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