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Mallett (LSE:MAEA) Accounts Payable & Accrued Expense : £2.98 Mil (As of Jun. 2014)


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What is Mallett Accounts Payable & Accrued Expense?

Mallett's quarterly accounts payable & accrued expense declined from Jun. 2013 (£4.34 Mil) to Dec. 2013 (£2.22 Mil) but then increased from Dec. 2013 (£2.22 Mil) to Jun. 2014 (£2.98 Mil).

Mallett's annual accounts payable & accrued expense declined from Dec. 2011 (£2.18 Mil) to Dec. 2012 (£1.24 Mil) but then increased from Dec. 2012 (£1.24 Mil) to Dec. 2013 (£2.22 Mil).


Mallett Accounts Payable & Accrued Expense Historical Data

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

Mallett Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.09 2.79 2.18 1.24 2.22

Mallett Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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 - 1.24 4.34 2.22 2.98

Mallett 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.


Mallett (LSE:MAEA) Business Description

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Mallett PLC is engaged in dealing in antique furniture and works of art. Its activities are split into four business segments: dealing in antique furniture and objets d'art through Mallett; dealing in fine art through James Harvey British Art; designing and manufacturing contemporary furniture and works of art through Meta; and providing restoration services through Hatfields. The group has operations in two geographic regions, namely, UK and US.

Mallett (LSE:MAEA) Headlines

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