Online Blockchain (LSE:OBC) Accounts Payable & Accrued Expense : £0.06 Mil (As of Jun. 2023)

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What is Online Blockchain Accounts Payable & Accrued Expense?

Online Blockchain's quarterly accounts payable & accrued expense increased from Jun. 2022 (£0.01 Mil) to Dec. 2022 (£0.07 Mil) but then declined from Dec. 2022 (£0.07 Mil) to Jun. 2023 (£0.06 Mil).

Online Blockchain's annual accounts payable & accrued expense increased from Jun. 2021 (£0.01 Mil) to Jun. 2022 (£0.01 Mil) and increased from Jun. 2022 (£0.01 Mil) to Jun. 2023 (£0.06 Mil).

Online Blockchain Accounts Payable & Accrued Expense Historical Data

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

Online Blockchain Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.04

0.02

0.01

0.06

Online Blockchain Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.01	0.06	0.01	0.07	0.06

Online Blockchain 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.

Online Blockchain (LSE:OBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Online Blockchain PLC (LSE:OBC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

RCQ:Germany

Address

85 Great Portland Street, 1st Floor, London, GBR, W1W 7LT

Website

https://www.onlineblockchain.io

Online Blockchain PLC works as an incubator and investor in internet and information businesses. The company is currently focusing on blockchain technology development. Its business model is to establish new blockchain-related ventures, using the company's in-house technical expertise and working with partners to create customer demand and interest in the company's projects. It operates in two reportable segments including the provision of management services and others. It derives revenue from the provision of management services.

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