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Planet Payment (LSE:PPT) Accounts Payable & Accrued Expense : £5.90 Mil (As of Sep. 2017)


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What is Planet Payment Accounts Payable & Accrued Expense?

Planet Payment's quarterly accounts payable & accrued expense declined from Mar. 2017 (£8.26 Mil) to Jun. 2017 (£7.17 Mil) and declined from Jun. 2017 (£7.17 Mil) to Sep. 2017 (£5.90 Mil).

Planet Payment's annual accounts payable & accrued expense increased from Dec. 2014 (£4.46 Mil) to Dec. 2015 (£6.91 Mil) and increased from Dec. 2015 (£6.91 Mil) to Dec. 2016 (£7.54 Mil).

Planet Payment Accounts Payable & Accrued Expense Historical Data

The historical data trend for Planet Payment'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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Planet Payment Accounts Payable & Accrued Expense Chart

Planet Payment Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.41 4.93 4.46 6.91 7.54

Planet Payment Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.80 7.54 8.26 7.17 5.90

Planet Payment 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.

Planet Payment (LSE:PPT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Planet Payment Inc (LSE:PPT) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
Website
http://www.planetpayment.com
Planet Payment Inc is a provider of international payment and transaction processing and multi-currency processing services. It organizes its business operations through two segments: Multi Currency Processing Services and Payment Processing Services. Its service portfolio consists of payment processing, multi-currency processing, gateway, data analytics, and commercial transaction services. The company provides its services across the Asia-Pacific region, the Americas, the Middle East, Africa and Europe. It generates the majority of its revenue from Multi Currency Processing Services segment.