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Smartspace Software (LSE:SMRT) Accounts Payable & Accrued Expense : £1.12 Mil (As of Jul. 2023)


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What is Smartspace Software Accounts Payable & Accrued Expense?

Smartspace Software's quarterly accounts payable & accrued expense declined from Jul. 2022 (£1.55 Mil) to Jan. 2023 (£0.33 Mil) but then increased from Jan. 2023 (£0.33 Mil) to Jul. 2023 (£1.12 Mil).

Smartspace Software's annual accounts payable & accrued expense declined from Jan. 2021 (£0.81 Mil) to Jan. 2022 (£0.77 Mil) and declined from Jan. 2022 (£0.77 Mil) to Jan. 2023 (£0.33 Mil).


Smartspace Software Accounts Payable & Accrued Expense Historical Data

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

Smartspace Software Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 1.01 0.81 0.77 0.33

Smartspace Software Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 1.35 0.77 1.55 0.33 1.12

Smartspace Software 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.


Smartspace Software (LSE:SMRT) Business Description

Industry
Traded in Other Exchanges
Address
4 Fordham House Court, Fordham House Estate, Fordham, Cambridgeshire, GBR, CB7 5LL
Smartspace Software PLC is engaged in the development and sale of software products. It is also engaged in the sale and installation of audio-visual hardware products. It operates through the following segments SwipedOn, and Space Connect. The firm generates the majority of revenue from the SwipedOn segment which is engaged in the sale and support of self-service visitor management software to customers throughout the world.