RIT Capital Partners (LSE:RCP) Accounts Payable & Accrued Expense : £24.1 Mil (As of Dec. 2023)

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What is RIT Capital Partners Accounts Payable & Accrued Expense?

RIT Capital Partners's quarterly accounts payable & accrued expense increased from Dec. 2022 (£49.1 Mil) to Jun. 2023 (£70.0 Mil) but then declined from Jun. 2023 (£70.0 Mil) to Dec. 2023 (£24.1 Mil).

RIT Capital Partners's annual accounts payable & accrued expense declined from Dec. 2021 (£140.5 Mil) to Dec. 2022 (£49.1 Mil) and declined from Dec. 2022 (£49.1 Mil) to Dec. 2023 (£24.1 Mil).

RIT Capital Partners Accounts Payable & Accrued Expense Historical Data

The historical data trend for RIT Capital Partners'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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RIT Capital Partners Accounts Payable & Accrued Expense Chart

RIT Capital Partners Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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48.20

68.80

140.50

49.10

24.10

RIT Capital Partners 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															140.50	67.40	49.10	70.00	24.10

RIT Capital Partners 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.

RIT Capital Partners (LSE:RCP) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RIT Capital Partners PLC (LSE:RCP) » Definitions » Accounts Payable & Accrued Expense

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RCPl:UK

Address

27 St James's Place, London, GBR, SW1A 1NR

Website

https://www.ritcap.com

RIT Capital Partners PLC is a United Kingdom-based investment trust. Its investment objective is to facilitate long-term capital growth by obtaining a capital value that exceeds the relevant indices over time. The company invests in a diversified, international portfolio across quoted and unquoted asset classes, provided every investment has something unique to offer. Its operating segment includes RIT; JRCM and SHL. Geographically, it has a presence in Asia; the US; Europe; Japan, and other countries.

RIT Capital Partners (LSE:RCP) Headlines

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