Lords Group Trading (LSE:LORD) Accounts Payable & Accrued Expense : £91.0 Mil (As of Dec. 2023)

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What is Lords Group Trading Accounts Payable & Accrued Expense?

Lords Group Trading's quarterly accounts payable & accrued expense declined from Dec. 2022 (£83.9 Mil) to Jun. 2023 (£71.2 Mil) but then increased from Jun. 2023 (£71.2 Mil) to Dec. 2023 (£91.0 Mil).

Lords Group Trading's annual accounts payable & accrued expense increased from Dec. 2021 (£68.5 Mil) to Dec. 2022 (£83.9 Mil) and increased from Dec. 2022 (£83.9 Mil) to Dec. 2023 (£91.0 Mil).

Lords Group Trading Accounts Payable & Accrued Expense Historical Data

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

Lords Group Trading Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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59.27

66.73

68.49

83.86

91.02

Lords Group Trading Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					68.49	80.28	83.86	71.18	91.02

Lords Group Trading 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.

Lords Group Trading (LSE:LORD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Lords Group Trading PLC (LSE:LORD) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

7S6:Germany

Address

12-15 Hanger Green, 2nd Floor, London, GBR, W5 3EL

Website

https://www.lordsgrouptradingplc.co.uk

Lords Group Trading PLC is a distributor of building, plumbing, heating, and DIY goods. The group principally sells to local tradesmen, small to medium-sized plumbing and heating merchants, construction companies and retails directly to the public. Its operating two divisions include Merchanting: supplies building materials and DIY goods through its network of merchant businesses and online platform capabilities; Heating and Plumbing: a distributor in the UK of heating and plumbing products to a UK network of independent merchants, installers and the general public. It focused on the growing Repairs, Maintenance, and Improvement (RMI) market, and construction market. Its main clients are local tradesmen, hardware stores, plumbing and heating merchants and construction companies.

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