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Smarttech247 Group (LSE:S247) Accounts Payable & Accrued Expense : £1.07 Mil (As of Jan. 2024)


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What is Smarttech247 Group Accounts Payable & Accrued Expense?

Smarttech247 Group's quarterly accounts payable & accrued expense increased from Jan. 2023 (£1.14 Mil) to Jul. 2023 (£3.70 Mil) but then declined from Jul. 2023 (£3.70 Mil) to Jan. 2024 (£1.07 Mil).

Smarttech247 Group's annual accounts payable & accrued expense declined from Jul. 2021 (£2.34 Mil) to Jul. 2022 (£2.24 Mil) but then increased from Jul. 2022 (£2.24 Mil) to Jul. 2023 (£3.70 Mil).


Smarttech247 Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Smarttech247 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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Smarttech247 Group Accounts Payable & Accrued Expense Chart

Smarttech247 Group Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Payable & Accrued Expense
0.42 0.44 2.34 2.24 3.70

Smarttech247 Group Semi-Annual Data
Jul19 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only 0.71 2.24 1.14 3.70 1.07

Smarttech247 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.


Smarttech247 Group (LSE:S247) Business Description

Industry
Traded in Other Exchanges
N/A
Address
165 Fleet Street, London, GBR, EC4A 2DY
Smarttech247 Group PLC is a multi-award winning automated managed detection and response company. Its platform is trusted by global organizations and provides threat intelligence with managed detection and response to provide actionable insights, 24/7 threat detection, investigation and response. The company's service is geared towards proactive prevention and it achieves this by utilising the latest in cloud, big data analytics and machine learning, along with an experienced response team.

Smarttech247 Group (LSE:S247) Headlines

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