Software Circle (LSE:SFT) Accounts Payable & Accrued Expense : £1.29 Mil (As of Sep. 2023)

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What is Software Circle Accounts Payable & Accrued Expense?

Software Circle's quarterly accounts payable & accrued expense increased from Sep. 2022 (£0.83 Mil) to Mar. 2023 (£1.39 Mil) but then declined from Mar. 2023 (£1.39 Mil) to Sep. 2023 (£1.29 Mil).

Software Circle's annual accounts payable & accrued expense increased from Mar. 2021 (£1.44 Mil) to Mar. 2022 (£1.51 Mil) but then declined from Mar. 2022 (£1.51 Mil) to Mar. 2023 (£1.39 Mil).

Software Circle Accounts Payable & Accrued Expense Historical Data

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

Software Circle Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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2.00

1.69

1.44

1.51

1.39

Software Circle Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.27	1.51	0.83	1.39	1.29

Software Circle 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.

Software Circle (LSE:SFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Software Circle Plc (LSE:SFT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Third Avenue, The Village, Trafford Park, Manchester, GBR, M17 1FG

Website

https://www.softwarecircle.com

Software Circle Plc is a UK-based company who is an acquirer of great vertical market software businesses. The company operates complex logistics, a SaaS platform, and brands that sell print and web to business customers. The segmental analysis by nature of service includes license fees, company-owned studio revenue, brand partner print, and online sales plus trade print. Some of its brands include Nettl, watermark, and topfloor. Geographically it has its business across the region of the UK and Ireland, Europe, and others of which the UK and Ireland's region accounts for a majority of the revenue.

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