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Herald Investment Trust (LSE:HRI) Accounts Payable & Accrued Expense : £1.19 Mil (As of Dec. 2023)


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What is Herald Investment Trust Accounts Payable & Accrued Expense?

Herald Investment Trust's quarterly accounts payable & accrued expense increased from Dec. 2022 (£1.22 Mil) to Jun. 2023 (£3.05 Mil) but then declined from Jun. 2023 (£3.05 Mil) to Dec. 2023 (£1.19 Mil).

Herald Investment Trust's annual accounts payable & accrued expense declined from Dec. 2021 (£1.53 Mil) to Dec. 2022 (£1.22 Mil) and declined from Dec. 2022 (£1.22 Mil) to Dec. 2023 (£1.19 Mil).


Herald Investment Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Herald Investment Trust'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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Herald Investment Trust Accounts Payable & Accrued Expense Chart

Herald Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.61 1.53 1.22 1.19

Herald Investment Trust 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 1.82 1.22 3.05 1.19

Herald Investment Trust 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.


Herald Investment Trust (LSE:HRI) Business Description

Traded in Other Exchanges
Address
10-11 Charterhouse Square, Welken House, London, GBR, EC1M 6EE
Herald Investment Trust PLC is an UK-based investment trust which aims capital appreciation through investments in smaller quoted companies in the areas of telecommunications, multimedia, and technology on a long-term basis. It focuses upon on diversifies portfolio which offers long-term growth potential and to benchmark its performance against the technology sector. The trust's investment portfolio includes companies which are in the business of software and computer services, technology hardware and equipment, printing and publishing, industrial sectors, support services, and others. Geographically, investments of the company are spread across the UK, North America, Japan, Asia-Pacific, Europe, Middle East, and Africa. The trust's revenue mainly consists of dividend and interest.