JPMorgan European Discovery Trust (LSE:JEDT) Accounts Payable & Accrued Expense : £75.50 Mil (As of Sep. 2023)

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What is JPMorgan European Discovery Trust Accounts Payable & Accrued Expense?

JPMorgan European Discovery Trust's quarterly accounts payable & accrued expense declined from Sep. 2022 (£35.35 Mil) to Mar. 2023 (£7.78 Mil) but then increased from Mar. 2023 (£7.78 Mil) to Sep. 2023 (£75.50 Mil).

JPMorgan European Discovery Trust's annual accounts payable & accrued expense increased from Mar. 2021 (£0.80 Mil) to Mar. 2022 (£1.83 Mil) and increased from Mar. 2022 (£1.83 Mil) to Mar. 2023 (£7.78 Mil).

JPMorgan European Discovery Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for JPMorgan European Discovery Trust'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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JPMorgan European Discovery Trust Accounts Payable & Accrued Expense Chart

JPMorgan European Discovery Trust Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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3.08

26.67

0.80

1.83

7.78

JPMorgan European Discovery Trust 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															78.70	1.83	35.35	7.78	75.50

JPMorgan European Discovery Trust 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.

JPMorgan European Discovery Trust (LSE:JEDT) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan European Discovery Trust PLC (LSE:JEDT) » Definitions » Accounts Payable & Accrued Expense

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JEDTl:UK

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

https://www.jpmeuropeandiscovery.co.uk

JPMorgan European Discovery Trust PLC is an investment trust company. Its objective is to achieve capital growth from smaller European companies (excluding the United Kingdom). In seeking to achieve this objective, the Company employs JPMorgan Funds Limited which, in turn, delegates portfolio management to JPMorgan Asset Management (UK) Limited to actively manage the company's assets. The investment policy emphasizes capital growth rather than income. It has a presence in the Netherlands, Sweden, Italy, Germany, France, Norway, Austria, Belgium, Switzerland, and Spain.

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