RTC Group (LSE:RTC) Accounts Payable & Accrued Expense : £8.01 Mil (As of Dec. 2023)

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What is RTC Group Accounts Payable & Accrued Expense?

RTC Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (£5.73 Mil) to Jun. 2023 (£9.17 Mil) but then declined from Jun. 2023 (£9.17 Mil) to Dec. 2023 (£8.01 Mil).

RTC Group's annual accounts payable & accrued expense increased from Dec. 2021 (£4.50 Mil) to Dec. 2022 (£5.73 Mil) and increased from Dec. 2022 (£5.73 Mil) to Dec. 2023 (£8.01 Mil).

RTC Group Accounts Payable & Accrued Expense Historical Data

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

RTC Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5.56

7.56

4.50

5.73

8.01

RTC Group 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															4.50	5.86	5.73	9.17	8.01

RTC 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.

RTC Group (LSE:RTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » RTC Group PLC (LSE:RTC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

London Road, The Derby Conference Centre, Derby, GBR, DE24 8UX

Website

https://www.rtcgroupplc.co.uk

RTC Group PLC is engaged in the engineering and technical recruitment business that provides temporary and permanent labor to a broad range of industries and customers in both domestic and international markets. It focuses on white and blue-collar recruitment providing temporary, permanent, and contingent staff to a range of industries and clients in both domestic and international markets. The company's operating segments include UK Recruitment, UK Central Services, and International Recruitment. The majority of its revenues are generated from the UK Recruitment segment.