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Itim Group (LSE:ITIM) Accounts Payable & Accrued Expense : £1.98 Mil (As of Dec. 2024)


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What is Itim Group Accounts Payable & Accrued Expense?

Itim Group's quarterly accounts payable & accrued expense increased from Dec. 2023 (£2.29 Mil) to Jun. 2024 (£6.15 Mil) but then declined from Jun. 2024 (£6.15 Mil) to Dec. 2024 (£1.98 Mil).

Itim Group's annual accounts payable & accrued expense increased from Dec. 2022 (£1.86 Mil) to Dec. 2023 (£2.29 Mil) but then declined from Dec. 2023 (£2.29 Mil) to Dec. 2024 (£1.98 Mil).


Itim Group Accounts Payable & Accrued Expense Historical Data

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

Itim Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 2.06 1.47 1.86 2.29 1.98

Itim Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.86 5.67 2.29 6.15 1.98

Itim 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.


Itim Group Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Itim Group PLC (LSE:ITIM) » Definitions » Accounts Payable & Accrued Expense
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Address
173 Victoria Street, 2nd Floor, Atlas House, London, GBR, SW1E 5NH
Itim Group PLC is engaged in providing software solutions to retailers by helping them to optimize their business and their stores to improve financial performance. It offers a complete set of retail software solutions including Multi-Channel Sales & Services, Enterprise Order Management, Price & Stock Optimization, and Supplier Management. The company operates in the United Kingdom, Europe, and other countries, with a majority of its revenue being derived from the United Kingdom.

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