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Globo (LSE:GBO) Accounts Payable & Accrued Expense : £8.31 Mil (As of Jun. 2015)


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What is Globo Accounts Payable & Accrued Expense?

Globo's quarterly accounts payable & accrued expense increased from Jun. 2014 (£7.04 Mil) to Dec. 2014 (£8.69 Mil) but then declined from Dec. 2014 (£8.69 Mil) to Jun. 2015 (£8.31 Mil).

Globo's annual accounts payable & accrued expense increased from Dec. 2012 (£4.71 Mil) to Dec. 2013 (£7.32 Mil) and increased from Dec. 2013 (£7.32 Mil) to Dec. 2014 (£8.69 Mil).


Globo Accounts Payable & Accrued Expense Historical Data

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

Globo Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 11.80 11.41 4.71 7.32 8.69

Globo Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 5.21 7.32 7.04 8.69 8.31

Globo 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.


Globo Business Description

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Globo PLC was incorporated in United Kingdom on July 13, 2005. The Company is an international technology innovator delivering enterprise mobility management & mobile application development platforms & services. The Company's operating segments include; Mobile products and services, Telecom services (S.a.a.S), and Third party goods. The Mobile products and services segment sells its mobile software products and services to its clients. The Telecom services (S.a.a.S) combines telecom services with its software products (e-business and WiFi services) that are then sold on software as a service basis. The Third party goods resell third party goods, to its customers, mainly comprising mobile accessories. The Company's product & services portfolio includes; GO!Enterprise Platform products; Enterprise Mobility Products; Small Business Mobility Services; Consumer Mobile Services; and Telecom & SaaS.

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