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LGI (FRA:VR4) Accounts Payable & Accrued Expense : €2.90 Mil (As of Dec. 2024)


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What is LGI Accounts Payable & Accrued Expense?

LGI's quarterly accounts payable & accrued expense increased from Dec. 2023 (€1.43 Mil) to Jun. 2024 (€2.32 Mil) and increased from Jun. 2024 (€2.32 Mil) to Dec. 2024 (€2.90 Mil).

LGI's annual accounts payable & accrued expense increased from . 20 (€0.00 Mil) to Jun. 2023 (€1.85 Mil) and increased from Jun. 2023 (€1.85 Mil) to Jun. 2024 (€2.32 Mil).


LGI Accounts Payable & Accrued Expense Historical Data

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

LGI Annual Data
Trend Jun23 Jun24
Accounts Payable & Accrued Expense
1.85 2.32

LGI Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense 1.74 1.85 1.43 2.32 2.90

LGI 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.


LGI Business Description

Traded in Other Exchanges
Address
57 Harvey Street North, Eagle Farm, Brisbane, QLD, AUS, 4009
LGI Ltd is engaged in the recovery of biogas from landfills, and the subsequent conversion into renewable electricity and saleable environmental products.

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