Made Tech Group (LSE:MTEC) Accounts Payable & Accrued Expense : £5.13 Mil (As of Nov. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Made Tech Group Accounts Payable & Accrued Expense?

Made Tech Group's quarterly accounts payable & accrued expense declined from Nov. 2022 (£3.96 Mil) to May. 2023 (£3.73 Mil) but then increased from May. 2023 (£3.73 Mil) to Nov. 2023 (£5.13 Mil).

Made Tech Group's annual accounts payable & accrued expense increased from May. 2021 (£3.16 Mil) to May. 2022 (£4.80 Mil) but then declined from May. 2022 (£4.80 Mil) to May. 2023 (£3.73 Mil).

Made Tech Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Made Tech 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.

* Premium members only.

Made Tech Group Accounts Payable & Accrued Expense Chart

Made Tech Group Annual Data

Trend

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

0.55

1.39

3.16

4.80

3.73

Made Tech Group Semi-Annual Data
	May19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				3.10	4.80	3.96	3.73	5.13

Made Tech 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.

Made Tech Group (LSE:MTEC) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

5UH:Germany

Address

4 O’Meara Street, London, GBR, SE1 1TE

Website

https://www.madetech.com

Made Tech Group PLC provides digital, data and technology services to the UK public sector, that enables central government, healthcare, and local government organisations to digitally transform. Its projects include delivering and operating the Multichannel Digital Tax Platform (MDTP), which runs HMRC's Making Tax Digital services; supporting the Ministry of Justice to modernise the technology within the prison estate; and working with DVLA to digitally transform key services such as the UK provisional driving licence system.

Made Tech Group (LSE:MTEC) Headlines

No Headlines