Orchard Funding Group (LSE:ORCH) Accounts Payable & Accrued Expense : £9.79 Mil (As of Jan. 2024)

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What is Orchard Funding Group Accounts Payable & Accrued Expense?

Orchard Funding Group's quarterly accounts payable & accrued expense declined from Jan. 2023 (£7.22 Mil) to Jul. 2023 (£7.11 Mil) but then increased from Jul. 2023 (£7.11 Mil) to Jan. 2024 (£9.79 Mil).

Orchard Funding Group's annual accounts payable & accrued expense increased from Jul. 2021 (£3.48 Mil) to Jul. 2022 (£4.91 Mil) and increased from Jul. 2022 (£4.91 Mil) to Jul. 2023 (£7.11 Mil).

Orchard Funding Group Accounts Payable & Accrued Expense Historical Data

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

Orchard Funding Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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3.03

2.82

3.48

4.91

7.11

Orchard Funding Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															9.22	4.91	7.22	7.11	9.79

Orchard Funding 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.

Orchard Funding Group (LSE:ORCH) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Orchard Funding Group PLC (LSE:ORCH) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

721 Capability Green, 1st Floor, Luton, Bedfordshire, GBR, LU1 3LU

Website

https://www.orchardfundinggroupplc.com

Orchard Funding Group PLC is a finance company that specializes in insurance premium finance and the professional fee funding market. The company mainly provides funding and funding support systems to clients of insurance brokers and professional firms. Orchard aims to further increase the capital base to enable to support higher levels of borrowing. Its operating business segment is lending. The company operates within the United Kingdom.

Orchard Funding Group (LSE:ORCH) Headlines

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