Network International Holdings (LSE:NETW) Accounts Payable & Accrued Expense : £454.1 Mil (As of Dec. 2023)

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What is Network International Holdings Accounts Payable & Accrued Expense?

Network International Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (£282.3 Mil) to Jun. 2023 (£602.1 Mil) but then declined from Jun. 2023 (£602.1 Mil) to Dec. 2023 (£454.1 Mil).

Network International Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (£294.3 Mil) to Dec. 2022 (£282.3 Mil) but then increased from Dec. 2022 (£282.3 Mil) to Dec. 2023 (£454.1 Mil).

Network International Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Network International Holdings'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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Network International Holdings Accounts Payable & Accrued Expense Chart

Network International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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174.71

166.03

294.32

282.27

454.11

Network International Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									294.32	208.91	282.27	602.06	454.11

Network International Holdings 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.

Network International Holdings (LSE:NETW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Network International Holdings PLC (LSE:NETW) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

NWITY:USA NETWl:UK

Address

Level 1, Network Building, Al Barsha 2, Dubai, ARE, SW1Y 4LB

Website

https://www.network.ae

Network International Holdings PLC is involved in digital commerce business across the Middle East and Africa region. The company provides a full suite of technology-enabled payment solutions to merchants and financial institutions of all types and sizes, including acquiring and processing services and a comprehensive ever-evolving range of value-added services. Its activities include enabling payment acceptance at merchants, acquirer processing, switching financial transactions, hosting cards, and processing payment transactions, and providing end-to-end management services, and digital payment services.