Scholium Group (LSE:SCHO) Accounts Payable & Accrued Expense : £1.22 Mil (As of Sep. 2024)

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What is Scholium Group Accounts Payable & Accrued Expense?

Scholium Group's quarterly accounts payable & accrued expense increased from Sep. 2023 (£1.44 Mil) to Mar. 2024 (£1.62 Mil) but then declined from Mar. 2024 (£1.62 Mil) to Sep. 2024 (£1.22 Mil).

Scholium Group's annual accounts payable & accrued expense declined from Mar. 2022 (£2.10 Mil) to Mar. 2023 (£1.32 Mil) but then increased from Mar. 2023 (£1.32 Mil) to Mar. 2024 (£1.62 Mil).

Scholium Group Accounts Payable & Accrued Expense Historical Data

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

Scholium Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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0.78

0.85

2.10

1.32

1.62

Scholium Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.16	1.32	1.44	1.62	1.22

Scholium 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.

Scholium Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Scholium Group PLC (LSE:SCHO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

94 New Bond Street, London, GBR, W1S 1SJ

Website

https://www.scholiumgroup.com

Scholium Group PLC is engaged in trading and retailing of rare and antiquarian books and works on paper in the United Kingdom. The company also trades with other third-party dealers in the broader arts and collectibles business through its subsidiary. It operates through two businesses namely Shapero Rare Books, a dealer in rare and collectible antiquarian books and works on paper with special expertise in Natural History, Russian and Travel books and is also developing Shapero Modern brand dealing in modern and contemporary prints and editions; and Scholium Trading that works alongside art dealers in the broader rare and collectibles market. All the company's revenue is generated from the United Kingdom.