Merit Group (FRA:HXP0) Accounts Payable & Accrued Expense : €1.81 Mil (As of Mar. 2024)

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What is Merit Group Accounts Payable & Accrued Expense?

Merit Group's quarterly accounts payable & accrued expense increased from Mar. 2023 (€1.76 Mil) to Sep. 2023 (€7.06 Mil) but then declined from Sep. 2023 (€7.06 Mil) to Mar. 2024 (€1.81 Mil).

Merit Group's annual accounts payable & accrued expense declined from Mar. 2022 (€3.91 Mil) to Mar. 2023 (€1.76 Mil) but then increased from Mar. 2023 (€1.76 Mil) to Mar. 2024 (€1.81 Mil).

Merit Group Accounts Payable & Accrued Expense Historical Data

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

Merit Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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4.87

6.48

3.91

1.76

1.81

Merit Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.91	7.06	1.76	7.06	1.81

Merit Group 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.

Merit Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Merit Group PLC (FRA:HXP0) » Definitions » Accounts Payable & Accrued Expense

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MRIT:UK

Address

32 London Bridge Street, 9th Floor, The Shard, London, GBR, SE1 9SG

Website

https://www.meritgroupplc.com

Merit Group PLC provides data, business, and political intelligence. The group operates through two operating segments namely, Dods and Merit Data and Technology. Dods business segment concentrates on the provision of key information and insights into the political and public policy environments around the UK and the European Union. The Merit Data and Technology segment focuses on the fields of data engineering, machine learning, and artificial intelligence. The company generates the majority of its revenue from Merit Data & Technology segment.

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