City of London Investment Trust (The) (LSE:CTY) Accounts Payable & Accrued Expense : £119.0 Mil (As of Dec. 2023)

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What is City of London Investment Trust (The) Accounts Payable & Accrued Expense?

City of London Investment Trust (The)'s quarterly accounts payable & accrued expense declined from Dec. 2022 (£144.8 Mil) to Jun. 2023 (£0.4 Mil) but then increased from Jun. 2023 (£0.4 Mil) to Dec. 2023 (£119.0 Mil).

City of London Investment Trust (The)'s annual accounts payable & accrued expense increased from Jun. 2021 (£0.4 Mil) to Jun. 2022 (£0.9 Mil) but then declined from Jun. 2022 (£0.9 Mil) to Jun. 2023 (£0.4 Mil).

City of London Investment Trust (The) Accounts Payable & Accrued Expense Historical Data

The historical data trend for City of London Investment Trust (The)'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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City of London Investment Trust (The) Accounts Payable & Accrued Expense Chart

City of London Investment Trust (The) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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3.59

2.14

0.43

0.91

0.43

City of London Investment Trust (The) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															157.50	0.91	144.76	0.43	119.03

City of London Investment Trust (The) 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.

City of London Investment Trust (The) (LSE:CTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » City of London Investment Trust (The) PLC (LSE:CTY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

201 Bishopsgate, London, GBR, EC2M 3AE

Website

http://www.cityinvestmenttrust.com

City of London Investment Trust (The) PLC is an investment trust which aims to provide long-term growth in income and capital through investments in equities listed on the London Stock Exchange. While the company mainly invests in equities, there is the flexibility to invest in debt securities, such as convertibles, corporate bonds, or government debt. It generates most of its revenue from investing in the UK market.

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