Parkmead Group (The) (LSE:PMG) Accounts Payable & Accrued Expense : £7.78 Mil (As of Dec. 2023)

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What is Parkmead Group (The) Accounts Payable & Accrued Expense?

Parkmead Group (The)'s quarterly accounts payable & accrued expense declined from Dec. 2022 (£13.51 Mil) to Jun. 2023 (£2.49 Mil) but then increased from Jun. 2023 (£2.49 Mil) to Dec. 2023 (£7.78 Mil).

Parkmead Group (The)'s annual accounts payable & accrued expense increased from Jun. 2021 (£0.66 Mil) to Jun. 2022 (£1.83 Mil) and increased from Jun. 2022 (£1.83 Mil) to Jun. 2023 (£2.49 Mil).

Parkmead Group (The) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Parkmead Group (The)'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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Parkmead Group (The) Accounts Payable & Accrued Expense Chart

Parkmead Group (The) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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2.24

0.81

0.66

1.83

2.49

Parkmead Group (The) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.19	1.83	13.51	2.49	7.78

Parkmead Group (The) 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.

Parkmead Group (The) (LSE:PMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Parkmead Group (The) PLC (LSE:PMG) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

PMG.GB:UK

Address

4 Queen’s Terrace, Aberdeen, GBR, AB10 1XL

Website

https://www.parkmeadgroup.com

Parkmead Group (The) PLC is a UK-based independent oil and gas, exploration and production company. It produces natural gas from a portfolio of fields across the Netherlands. The firm has three segments namely Oil and gas exploration and production which invests in oil and gas exploration and production assets; the Energy economics segment that provides energy sector economics, valuation and benchmarking, advising on energy policies and fiscal matters, among others and the Renewables segment involves mixed farming activities as well as renewable energy opportunities. It generates a majority of its revenue from the oil and gas exploration and production segment.

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