Napster Group (LSE:NAPS) Accounts Payable & Accrued Expense : £42.97 Mil (As of Jun. 2021)

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What is Napster Group Accounts Payable & Accrued Expense?

Napster Group's quarterly accounts payable & accrued expense increased from Jun. 2020 (£0.70 Mil) to Dec. 2020 (£5.16 Mil) and increased from Dec. 2020 (£5.16 Mil) to Jun. 2021 (£42.97 Mil).

Napster Group's annual accounts payable & accrued expense increased from Sep. 2017 (£9.14 Mil) to Sep. 2018 (£9.85 Mil) but then declined from Sep. 2018 (£9.85 Mil) to Dec. 2020 (£5.16 Mil).

Napster Group Accounts Payable & Accrued Expense Historical Data

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

Napster Group Annual Data

Trend

Sep17

Sep18

Dec20

Accounts Payable & Accrued Expense

9.14

9.85

5.16

Napster Group Quarterly Data
	Sep17	Sep18	Jun20	Dec20	Jun21
Accounts Payable & Accrued Expense	9.14	9.85	0.70	5.16	42.97

Napster 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.

Napster Group (LSE:NAPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Napster Group PLC (LSE:NAPS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

XFCI BOM:531420 BOM:532378 BOM:530457

Traded in Other Exchanges

N/A

Address

55 Poland Street, London, GBR, W1F 7NL

Website

https://www.napster.group

Napster Group PLC is a music company. It offers global music platform combining music streaming and immersive content that allows users to experience music performances in Virtual Reality. It derives revenue through Content sales, Telco partnerships, Content licensing, and Ticket revenue.

Napster Group (LSE:NAPS) Headlines

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