Surface Transforms (LSE:SCE) Accounts Payable & Accrued Expense : £4.06 Mil (As of Jun. 2023)

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What is Surface Transforms Accounts Payable & Accrued Expense?

Surface Transforms's quarterly accounts payable & accrued expense declined from Jun. 2022 (£2.77 Mil) to Dec. 2022 (£2.25 Mil) but then increased from Dec. 2022 (£2.25 Mil) to Jun. 2023 (£4.06 Mil).

Surface Transforms's annual accounts payable & accrued expense increased from Dec. 2020 (£0.67 Mil) to Dec. 2021 (£1.49 Mil) and increased from Dec. 2021 (£1.49 Mil) to Dec. 2022 (£2.25 Mil).

Surface Transforms Accounts Payable & Accrued Expense Historical Data

The historical data trend for Surface Transforms'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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Surface Transforms Accounts Payable & Accrued Expense Chart

Surface Transforms Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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0.79

0.41

0.67

1.49

2.25

Surface Transforms Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.06	1.49	2.77	2.25	4.06

Surface Transforms 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.

Surface Transforms (LSE:SCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Surface Transforms PLC (LSE:SCE) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

XE4:Germany

Address

Acornfield Road, Knowsley Industrial Estate, Image Business Park, Liverpool, GBR, L33 7UF

Website

https://www.surfacetransforms.com

Surface Transforms PLC is a company that develops, manufactures, and markets carbon-ceramic products for the brakes market. It also engages in developing new products and applications for carbon fiber-reinforced ceramic friction and non-friction materials. It has operations spread across the United Kingdom, Germany, Sweden the United States of America, the Rest of Europe, and the Rest of the World.

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