ME Group International (CHIX:MEGPL) Accounts Payable & Accrued Expense : £62.4 Mil (As of Apr. 2024)

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What is ME Group International Accounts Payable & Accrued Expense?

ME Group International's quarterly accounts payable & accrued expense increased from Apr. 2023 (£56.8 Mil) to Oct. 2023 (£57.8 Mil) and increased from Oct. 2023 (£57.8 Mil) to Apr. 2024 (£62.4 Mil).

ME Group International's annual accounts payable & accrued expense increased from Oct. 2021 (£45.9 Mil) to Oct. 2022 (£54.8 Mil) and increased from Oct. 2022 (£54.8 Mil) to Oct. 2023 (£57.8 Mil).

ME Group International Accounts Payable & Accrued Expense Historical Data

The historical data trend for ME Group International'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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ME Group International Accounts Payable & Accrued Expense Chart

ME Group International Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Oct21

Oct22

Oct23

Accounts Payable & Accrued Expense

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45.49

47.36

45.85

54.83

57.80

ME Group International Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															42.09	54.83	56.80	57.80	62.37

ME Group International 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.

ME Group International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ME Group International PLC (CHIX:MEGPl) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

PHTM.GB:UK MEGP:UK

Address

Blenheim Road, Unit 3B, Epsom, London, Surrey, GBR, KT19 9AP

Website

https://www.me-group.com

ME Group International PLC operates, sells and services a wide range of instant-service vending equipment, aimed at the consumer market. The group operates vending units across 20 countries and its technological innovation is focused on four principal areas namely Photobooths and integrated biometric identification solutions; Unattended laundry services and launderettes; High-quality digital printigg kiosks and Vending equipment for the food service market. Geographically, the company reports its segments and operates in UK & Republic of Ireland, Asia Pacific and Continental Europe, which is the majority revenue generator.

ME Group International Headlines

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