Mast Energy Developments (LSE:MAST) Accounts Payable & Accrued Expense : £0.62 Mil (As of Jun. 2024)

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What is Mast Energy Developments Accounts Payable & Accrued Expense?

Mast Energy Developments's quarterly accounts payable & accrued expense increased from Jun. 2023 (£0.49 Mil) to Dec. 2023 (£0.94 Mil) but then declined from Dec. 2023 (£0.94 Mil) to Jun. 2024 (£0.62 Mil).

Mast Energy Developments's annual accounts payable & accrued expense increased from Dec. 2021 (£0.26 Mil) to Dec. 2022 (£0.30 Mil) and increased from Dec. 2022 (£0.30 Mil) to Dec. 2023 (£0.94 Mil).

Mast Energy Developments Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mast Energy Developments'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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Mast Energy Developments Accounts Payable & Accrued Expense Chart

Mast Energy Developments Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.26

0.30

0.94

Mast Energy Developments Semi-Annual Data
	Mar20	Mar21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.20	0.30	0.49	0.94	0.62

Mast Energy Developments 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.

Mast Energy Developments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mast Energy Developments PLC (LSE:MAST) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Salisbury House, London Wall, London, GBR, EC2M 5PS

Website

https://www.med.energy

Mast Energy Developments PLC is a UK-based multi-asset operator in the Reserve Power market. The company's business is to acquire and develop a portfolio of flexible small-scale power generation assets, exploiting a growing niche market in the UK for reserve power generation to balance out the national grid at critical times.

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