Seraphim Space Investment Trust (LSE:SSIT) Accounts Payable & Accrued Expense : £0.14 Mil (As of Dec. 2023)

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What is Seraphim Space Investment Trust Accounts Payable & Accrued Expense?

Seraphim Space Investment Trust's quarterly accounts payable & accrued expense increased from Dec. 2022 (£0.05 Mil) to Jun. 2023 (£0.12 Mil) and increased from Jun. 2023 (£0.12 Mil) to Dec. 2023 (£0.14 Mil).

Seraphim Space Investment Trust's annual accounts payable & accrued expense increased from . 20 (£0.00 Mil) to Jun. 2022 (£4.31 Mil) but then declined from Jun. 2022 (£4.31 Mil) to Jun. 2023 (£0.12 Mil).

Seraphim Space Investment Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Seraphim Space Investment Trust'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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Seraphim Space Investment Trust Accounts Payable & Accrued Expense Chart

Seraphim Space Investment Trust Annual Data

Trend

Jun22

Jun23

Accounts Payable & Accrued Expense

4.31

0.12

Seraphim Space Investment Trust Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	0.34	4.31	0.05	0.12	0.14

Seraphim Space Investment Trust 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.

Seraphim Space Investment Trust (LSE:SSIT) Business Description

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SSITl:UK

Address

20 Fenchurch Street, 5th Floor, London, GBR, EC3M 3BY

Website

https://www.seraphim.vc

Seraphim Space Investment Trust PLC is a closed-ended investment company that invests in Space Tech businesses. Its investment objective is to generate capital growth over the long term through investment in the diversified international portfolio of Space Tech businesses that rely on space-based connectivity or precision, navigation and timing signals or whose technology or services are already addressing, originally derived from, or of potential benefit to the space sector.