Avingtrans (LSE:AVG) Accounts Payable & Accrued Expense : £40.9 Mil (As of Nov. 2023)

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What is Avingtrans Accounts Payable & Accrued Expense?

Avingtrans's quarterly accounts payable & accrued expense declined from Nov. 2022 (£33.4 Mil) to May. 2023 (£19.8 Mil) but then increased from May. 2023 (£19.8 Mil) to Nov. 2023 (£40.9 Mil).

Avingtrans's annual accounts payable & accrued expense increased from May. 2021 (£13.4 Mil) to May. 2022 (£15.1 Mil) and increased from May. 2022 (£15.1 Mil) to May. 2023 (£19.8 Mil).

Avingtrans Accounts Payable & Accrued Expense Historical Data

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

Avingtrans Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

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14.24

15.82

13.39

15.08

19.82

Avingtrans Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															28.82	15.08	33.44	19.82	40.94

Avingtrans 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.

Avingtrans (LSE:AVG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Avingtrans PLC (LSE:AVG) » Definitions » Accounts Payable & Accrued Expense

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DZR:Germany

Address

Chatteris Business Park, Chatteris, Cambridgeshire, GBR, PE16 6SA

Website

https://www.avingtrans.plc.uk

Avingtrans PLCis a UK based company, designs and manufactures engineered components, systems and services for the automotive, healthcare and traffic management industries around the world. The company is divided into three segments: Energy-EPM; Energy-PSRE; and Medica-IMI. Avingtrans also designs and manufactures manufactured poles and cabinets for road safety cameras and railway track signaling. The company has a geographical presence in the UK, Europe and North America, and the Rest of World, with the UK region accounting for the majority of revenue.

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