Tan Delta Systems (LSE:TAND) Accounts Payable & Accrued Expense : £0.35 Mil (As of Dec. 2023)

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What is Tan Delta Systems Accounts Payable & Accrued Expense?

Tan Delta Systems's quarterly accounts payable & accrued expense increased from Dec. 2022 (£0.31 Mil) to Jun. 2023 (£0.42 Mil) but then declined from Jun. 2023 (£0.42 Mil) to Dec. 2023 (£0.35 Mil).

Tan Delta Systems's annual accounts payable & accrued expense increased from Dec. 2021 (£0.21 Mil) to Dec. 2022 (£0.31 Mil) and increased from Dec. 2022 (£0.31 Mil) to Dec. 2023 (£0.35 Mil).

Tan Delta Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tan Delta Systems'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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Tan Delta Systems Accounts Payable & Accrued Expense Chart

Tan Delta Systems Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.16

0.21

0.31

0.35

Tan Delta Systems Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.21	-	0.31	0.42	0.35

Tan Delta Systems 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.

Tan Delta Systems (LSE:TAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tan Delta Systems plc (LSE:TAND) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Church Lane, 1 Carrera Court, Dinnington, Sheffield, GBR, S25 2RG

Website

https://www.tandeltasystems.com

Tan Delta Systems plc develops advanced real-time oil analysis and analytic technologies and products with unique capabilities that enable equipment operators to significantly reduce operating costs, improve efficiency and reduce carbon footprint. It develops all its core technologies and products in-house, with manufacturing undertaken by its carefully selected manufacturing partners with whom its dedicated production QA department works. The company operates on a global scale with customers ranging from the largest engine manufacturers to small single equipment operators, from North America and Australia to Chile, India, Russia and Finland. Its products include Sensors, Kits, Display solutions, Gateways & modems and Accessories & services.

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