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Solgenics (LSE:SGN) Accounts Payable & Accrued Expense : £0.24 Mil (As of Jun. 2022)


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What is Solgenics Accounts Payable & Accrued Expense?

Solgenics's quarterly accounts payable & accrued expense declined from Jun. 2021 (£0.25 Mil) to Dec. 2021 (£0.04 Mil) but then increased from Dec. 2021 (£0.04 Mil) to Jun. 2022 (£0.24 Mil).

Solgenics's annual accounts payable & accrued expense declined from Dec. 2019 (£0.16 Mil) to Dec. 2020 (£0.04 Mil) and declined from Dec. 2020 (£0.04 Mil) to Dec. 2021 (£0.04 Mil).

Solgenics Accounts Payable & Accrued Expense Historical Data

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

Solgenics Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.15 0.16 0.04 0.04

Solgenics Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.04 0.25 0.04 0.24

Solgenics 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.

Solgenics (LSE:SGN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Solgenics Ltd (LSE:SGN) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
Coastal Building, Wickhams Cay II, P.O. Box 2221, Carrot Bay, Tortola, Road Town, VGB
Website
https://www.solgenics.com
Solgenics Ltd is an African renewable energy development company focused on the development of 300MW solar PV plus BESS renewable energy in the Tete Province in northern Mozambique. Its flagship project comprise Tete Solar Project.