Diverseome Trust (The) (LSE:DIVI) Accounts Payable & Accrued Expense : £0.38 Mil (As of May. 2023)

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What is Diverseome Trust (The) Accounts Payable & Accrued Expense?

Diverseome Trust (The)'s quarterly accounts payable & accrued expense increased from May. 2022 (£0.40 Mil) to Nov. 2022 (£0.69 Mil) but then declined from Nov. 2022 (£0.69 Mil) to May. 2023 (£0.38 Mil).

Diverseome Trust (The)'s annual accounts payable & accrued expense declined from May. 2021 (£0.44 Mil) to May. 2022 (£0.40 Mil) and declined from May. 2022 (£0.40 Mil) to May. 2023 (£0.38 Mil).

Diverseome Trust (The) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Diverseome 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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Diverseome Trust (The) Accounts Payable & Accrued Expense Chart

Diverseome Trust (The) Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

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0.40

2.92

0.44

0.40

0.38

Diverseome Trust (The) Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.44	2.84	0.40	0.69	0.38

Diverseome 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.

Diverseome Trust (The) (LSE:DIVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Diverse Income Trust (The) PLC (LSE:DIVI) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

DIVIl:UK

Address

Southernhay West, Broadwalk House, Exeter, Devon, GBR, EX1 1TS

Website

https://www.diverseincometrust.com

Diverse Income Trust (The) PLC is a UK-based closed-end investment fund. The company mainly invests in quoted or traded UK companies with a wide range of market capitalizations but a long-term bias toward small and mid-cap equities. It adopts a stock-specific approach in managing the company's portfolio and therefore sector weightings are of secondary consideration. The company also utilizes derivative instruments including index-linked notes, contracts for differences, covered options, and other equity-related derivative instruments for efficient portfolio management, gearing, and investment purposes. Its main objective is to pay shareholders a good and growing dividend income.