Auction Technology Group (LSE:ATG) Accounts Payable & Accrued Expense : £14.7 Mil (As of Mar. 2024)

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What is Auction Technology Group Accounts Payable & Accrued Expense?

Auction Technology Group's quarterly accounts payable & accrued expense declined from Mar. 2023 (£25.3 Mil) to Sep. 2023 (£12.3 Mil) but then increased from Sep. 2023 (£12.3 Mil) to Mar. 2024 (£14.7 Mil).

Auction Technology Group's annual accounts payable & accrued expense increased from Sep. 2021 (£4.9 Mil) to Sep. 2022 (£8.0 Mil) and increased from Sep. 2022 (£8.0 Mil) to Sep. 2023 (£12.3 Mil).

Auction Technology Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Auction Technology 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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Auction Technology Group Accounts Payable & Accrued Expense Chart

Auction Technology Group Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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4.27

3.81

4.91

7.98

12.30

Auction Technology Group Semi-Annual Data
	Sep18	Sep19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					21.77	7.98	25.35	12.30	14.67

Auction Technology 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.

Auction Technology Group (LSE:ATG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Auction Technology Group PLC (LSE:ATG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ATHGF:USA ATGl:UK 684:Germany

Address

65 Southwark Street, The Harlequin Building, London, GBR, SE1 0HR

Website

https://www.auctiontechnologygroup.com

Auction Technology Group PLC is engaged in the provision of auction technology software and related services to auction houses and other customers. Its goal is to simplify and integrate multiple parts of the online auction process, from the cataloguing of items to marketing, auction hosting, bidding and recent payment solutions. The group has four segments namely Arts and Antiques, Industrial and Commercial, Auction services, and Content. The majority of revenue is generated from Art & Antiques segment. Geographically the company serves the United Kingdom, Germany, and USA, where the majority of revenue is generated from USA.

Auction Technology Group (LSE:ATG) Headlines

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