Team (LSE:TEAM) Accounts Payable & Accrued Expense : £1.67 Mil (As of Sep. 2023)

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What is Team Accounts Payable & Accrued Expense?

Team's quarterly accounts payable & accrued expense declined from Sep. 2022 (£0.62 Mil) to Mar. 2023 (£0.57 Mil) but then increased from Mar. 2023 (£0.57 Mil) to Sep. 2023 (£1.67 Mil).

Team's annual accounts payable & accrued expense declined from Sep. 2021 (£1.69 Mil) to Sep. 2022 (£0.62 Mil) but then increased from Sep. 2022 (£0.62 Mil) to Sep. 2023 (£1.67 Mil).

Team Accounts Payable & Accrued Expense Historical Data

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

Team Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

0.28

1.69

0.62

1.67

Team Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			1.69	0.36	0.62	0.57	1.67

Team 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.

Team (LSE:TEAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Team PLC (LSE:TEAM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

1WQ:Germany

Address

6 Caledonia Place, 1st Floor, Saint Helier, JEY, JE2 3NG

Website

https://www.teamassetmanagement.com

Team PLC is a specialist, investment-led active fund manager providing discretionary and advisory portfolio management services to private clients, trusts, and charities.