Octopus Future Generations VCT (LSE:OFG) Accounts Payable & Accrued Expense : £0.18 Mil (As of Dec. 2023)

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What is Octopus Future Generations VCT Accounts Payable & Accrued Expense?

Octopus Future Generations VCT's quarterly accounts payable & accrued expense increased from Dec. 2022 (£0.22 Mil) to Jun. 2023 (£0.39 Mil) but then declined from Jun. 2023 (£0.39 Mil) to Dec. 2023 (£0.18 Mil).

Octopus Future Generations VCT's annual accounts payable & accrued expense increased from . 20 (£0.00 Mil) to Jun. 2022 (£2.01 Mil) but then declined from Jun. 2022 (£2.01 Mil) to Jun. 2023 (£0.39 Mil).

Octopus Future Generations VCT Accounts Payable & Accrued Expense Historical Data

The historical data trend for Octopus Future Generations VCT'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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Octopus Future Generations VCT Accounts Payable & Accrued Expense Chart

Octopus Future Generations VCT Annual Data

Trend

Jun22

Jun23

Accounts Payable & Accrued Expense

2.01

0.39

Octopus Future Generations VCT Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	2.01	0.22	0.39	0.18

Octopus Future Generations VCT 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.

Octopus Future Generations VCT (LSE:OFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Octopus Future Generations VCT PLC (LSE:OFG) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

33 Holborn, 6th Floor, London, GBR, EC1N 2HT

Website

https://www.octopusinvestments.com

Octopus Future Generations VCT PLC is a manager of alternative investments and is engaged in investing in a diversified portfolio of UK smaller companies in order to generate capital growth over the long term as well as an attractive tax-free dividend stream.