Capital Gearing Trust (LSE:CGT) Accounts Payable & Accrued Expense : £8.53 Mil (As of Mar. 2024)

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What is Capital Gearing Trust Accounts Payable & Accrued Expense?

Capital Gearing Trust's quarterly accounts payable & accrued expense increased from Mar. 2023 (£12.43 Mil) to Sep. 2023 (£13.48 Mil) but then declined from Sep. 2023 (£13.48 Mil) to Mar. 2024 (£8.53 Mil).

Capital Gearing Trust's annual accounts payable & accrued expense increased from Mar. 2022 (£6.89 Mil) to Mar. 2023 (£12.43 Mil) but then declined from Mar. 2023 (£12.43 Mil) to Mar. 2024 (£8.53 Mil).

Capital Gearing Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Capital Gearing Trust'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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Capital Gearing Trust Accounts Payable & Accrued Expense Chart

Capital Gearing Trust Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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9.94

0.50

6.89

12.43

8.53

Capital Gearing Trust 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															6.89	29.76	12.43	13.48	8.53

Capital Gearing Trust 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.

Capital Gearing Trust (LSE:CGT) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Capital Gearing Trust PLC (LSE:CGT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CGTl:UK

Address

C/o Carson Mcdowell Llp, Murray House, Murray Street, Belfast, GBR, BT1 6DN

Website

http://www.capitalgearingtrust.com

Capital Gearing Trust PLC is an investment company. The company investment objectives are to preserve shareholder's real wealth and to achieve absolute total return over the medium to longer term. It aims to achieve its investment objectives through investment in quoted closed-ended funds and other collective investment vehicles, bonds, commodities, and cash, when appropriate.

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