Flowtech Fluidpower (LSE:FLO) Accounts Payable & Accrued Expense : £16.5 Mil (As of Dec. 2023)

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What is Flowtech Fluidpower Accounts Payable & Accrued Expense?

Flowtech Fluidpower's quarterly accounts payable & accrued expense increased from Dec. 2022 (£16.6 Mil) to Jun. 2023 (£21.4 Mil) but then declined from Jun. 2023 (£21.4 Mil) to Dec. 2023 (£16.5 Mil).

Flowtech Fluidpower's annual accounts payable & accrued expense declined from Dec. 2021 (£18.2 Mil) to Dec. 2022 (£16.6 Mil) and declined from Dec. 2022 (£16.6 Mil) to Dec. 2023 (£16.5 Mil).

Flowtech Fluidpower Accounts Payable & Accrued Expense Historical Data

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

Flowtech Fluidpower Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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12.74

14.72

18.16

16.59

16.52

Flowtech Fluidpower 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															18.16	21.69	16.59	21.37	16.52

Flowtech Fluidpower 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.

Flowtech Fluidpower (LSE:FLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Flowtech Fluidpower PLC (LSE:FLO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

2FW:Germany

Address

Bollin House, Bollin Walk, Wilmslow, GBR, SK9 1DP

Website

https://www.flowtechfluidpower.com

Flowtech Fluidpower PLC is a supplier of technical fluid power products with modern distribution facilities in the UK and Benelux. The company operates in three segments, Flowtech, Fluidpower Group Solutions and Fluidpower Group Services. It derives majority of its revenue from the United Kingdom and has a presence in Europe and the Rest of the World.