Intercede Group (LSE:IGP) Accounts Payable & Accrued Expense : £2.01 Mil (As of Sep. 2023)

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What is Intercede Group Accounts Payable & Accrued Expense?

Intercede Group's quarterly accounts payable & accrued expense declined from Sep. 2022 (£2.17 Mil) to Mar. 2023 (£0.47 Mil) but then increased from Mar. 2023 (£0.47 Mil) to Sep. 2023 (£2.01 Mil).

Intercede Group's annual accounts payable & accrued expense declined from Mar. 2021 (£0.63 Mil) to Mar. 2022 (£0.48 Mil) and declined from Mar. 2022 (£0.48 Mil) to Mar. 2023 (£0.47 Mil).

Intercede Group Accounts Payable & Accrued Expense Historical Data

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

Intercede Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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0.44

0.41

0.63

0.48

0.47

Intercede Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.44	0.48	2.17	0.47	2.01

Intercede Group 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.

Intercede Group (LSE:IGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Intercede Group PLC (LSE:IGP) » Definitions » Accounts Payable & Accrued Expense

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LYD:Germany

Address

St. Mary's Road, Lutterworth Hall, Lutterworth, Leicestershire, GBR, LE17 4PS

Website

https://www.intercede.com

Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment in a simple and cost-effective manner. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, Rest of Europe, North America, and Rest of World. The Majority of its revenue is derived from North America.

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