Luceco (LSE:LUCE) Accounts Payable & Accrued Expense : £28.3 Mil (As of Dec. 2023)

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What is Luceco Accounts Payable & Accrued Expense?

Luceco's quarterly accounts payable & accrued expense increased from Dec. 2022 (£32.6 Mil) to Jun. 2023 (£42.9 Mil) but then declined from Jun. 2023 (£42.9 Mil) to Dec. 2023 (£28.3 Mil).

Luceco's annual accounts payable & accrued expense declined from Dec. 2021 (£68.4 Mil) to Dec. 2022 (£32.6 Mil) and declined from Dec. 2022 (£32.6 Mil) to Dec. 2023 (£28.3 Mil).

Luceco Accounts Payable & Accrued Expense Historical Data

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

Luceco Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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41.80

66.70

68.40

32.60

28.30

Luceco Semi-Annual Data
	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												68.40	44.90	32.60	42.90	28.30

Luceco 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.

Luceco (LSE:LUCE) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luceco PLC (LSE:LUCE) » Definitions » Accounts Payable & Accrued Expense

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LUCEl:UK

Address

Building E Stafford Park 1, Stafford Park, Telford, Shropshire, GBR, TF3 3BD

Website

https://www.lucecoplc.com

Luceco PLC is engaged in the manufacturing and supply of LED lighting, wiring accessories, and portable power equipment. The company generates the majority of its revenue from the sale of LED lighting. Its sales channel includes Retail, Hybrid, Professional wholesale, and Professional projects. The group has a presence in the United Kingdom, Europe, the Middle East & Africa, the Americas, and the Asia Pacific and generates the majority of its revenue from the UK.

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