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Strip Tinning Holdings (LSE:STG) Accounts Payable & Accrued Expense : £1.45 Mil (As of Jun. 2024)


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What is Strip Tinning Holdings Accounts Payable & Accrued Expense?

Strip Tinning Holdings's quarterly accounts payable & accrued expense declined from Jun. 2023 (£1.77 Mil) to Dec. 2023 (£1.48 Mil) and declined from Dec. 2023 (£1.48 Mil) to Jun. 2024 (£1.45 Mil).

Strip Tinning Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (£3.32 Mil) to Dec. 2022 (£2.37 Mil) and declined from Dec. 2022 (£2.37 Mil) to Dec. 2023 (£1.48 Mil).


Strip Tinning Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Strip Tinning Holdings'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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Strip Tinning Holdings Accounts Payable & Accrued Expense Chart

Strip Tinning Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 1.05 0.84 3.32 2.37 1.48

Strip Tinning Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.68 2.37 1.77 1.48 1.45

Strip Tinning Holdings 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.


Strip Tinning Holdings Business Description

Traded in Other Exchanges
N/A
Address
Arden Road, Arden Business Park, Frankley, Birmingham, West Midlands, GBR, B45 0JA
Strip Tinning Holdings PLC manufactures specialist flexible electrical connectors related primarily to heating and antennae systems embedded within automotive glazing and to the connection of the cells within electric vehicle battery packs, increasingly using flexible and lightweight printed circuit technology that also has growing applications elsewhere within vehicles. The group consists of two business lines: Glazing and EV.

Strip Tinning Holdings Headlines