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essensys (LSE:ESYS) Accounts Payable & Accrued Expense : £3.41 Mil (As of Jan. 2024)


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What is essensys Accounts Payable & Accrued Expense?

essensys's quarterly accounts payable & accrued expense declined from Jan. 2023 (£4.84 Mil) to Jul. 2023 (£2.62 Mil) but then increased from Jul. 2023 (£2.62 Mil) to Jan. 2024 (£3.41 Mil).

essensys's annual accounts payable & accrued expense increased from Jul. 2021 (£3.10 Mil) to Jul. 2022 (£5.78 Mil) but then declined from Jul. 2022 (£5.78 Mil) to Jul. 2023 (£2.62 Mil).


essensys Accounts Payable & Accrued Expense Historical Data

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

essensys Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 2.11 2.78 3.10 5.78 2.62

essensys Semi-Annual Data
Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.52 5.78 4.84 2.62 3.41

essensys 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.


essensys (LSE:ESYS) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » essensys PLC (LSE:ESYS) » Definitions » Accounts Payable & Accrued Expense
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Address
2 Leman Street, Aldgate Tower, 7th Floor, London, GBR, E1 8FA
essensys PLC is engaged in providing SaaS platforms and on-demand cloud services to the flexible workspace industry. Its software is designed and developed to solve the complex operational challenges faced by multi-site flexible workspace. The group's technology allows operators to deliver a range of differentiated flexible and customer-specific services to a broad base of tenants across multiple locations and helps operators to manage the cost, operational and technological challenges. Geographically, it operates in United Kingdom and Europe, North America and Asia Pacific region, out of which it derives a majority of revenue from the North America.

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