Polar Capital Global Financials Trust (LSE:PCFT) Accounts Payable & Accrued Expense : £4.71 Mil (As of Nov. 2023)

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What is Polar Capital Global Financials Trust Accounts Payable & Accrued Expense?

Polar Capital Global Financials Trust's quarterly accounts payable & accrued expense increased from Nov. 2022 (£2.47 Mil) to May. 2023 (£23.11 Mil) but then declined from May. 2023 (£23.11 Mil) to Nov. 2023 (£4.71 Mil).

Polar Capital Global Financials Trust's annual accounts payable & accrued expense increased from Nov. 2021 (£0.66 Mil) to Nov. 2022 (£2.47 Mil) and increased from Nov. 2022 (£2.47 Mil) to Nov. 2023 (£4.71 Mil).

Polar Capital Global Financials Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Polar Capital Global Financials Trust'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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Polar Capital Global Financials Trust Accounts Payable & Accrued Expense Chart

Polar Capital Global Financials Trust Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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2.41

1.55

0.66

2.47

4.71

Polar Capital Global Financials Trust Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.66	4.06	2.47	23.11	4.71

Polar Capital Global Financials Trust 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.

Polar Capital Global Financials Trust (LSE:PCFT) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Polar Capital Global Financials Trust PLC (LSE:PCFT) » Definitions » Accounts Payable & Accrued Expense

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PCFTl:UK

Address

16 Palace Street, London, GBR, SW1E 5JD

Website

https://www.polarcapitalglobalfinancialstrust.com

Polar Capital Global Financials Trust PLC is an asset management firm based in the United Kingdom. Its core objective is to provide its investors with a growing dividend income with capital appreciation. To achieve this, the company invests in listed or quoted securities issued by companies in the financial sector operating in the banking, insurance, property, and other subsectors. Its portfolio entails equities, index-linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, forward transactions, index options, and other instruments, including derivatives. It has a diversified portfolio of investments in different geographical regions such as North America, Europe, Asia, the United Kingdom, Latin America, Japan, and East Europe.

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