TwentyFourome Fund (LSE:TFIF) Accounts Payable & Accrued Expense : £3.4 Mil (As of Sep. 2023)

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What is TwentyFourome Fund Accounts Payable & Accrued Expense?

TwentyFourome Fund's quarterly accounts payable & accrued expense declined from Sep. 2022 (£24.3 Mil) to Mar. 2023 (£1.1 Mil) but then increased from Mar. 2023 (£1.1 Mil) to Sep. 2023 (£3.4 Mil).

TwentyFourome Fund's annual accounts payable & accrued expense increased from Mar. 2021 (£2.9 Mil) to Mar. 2022 (£24.9 Mil) but then declined from Mar. 2022 (£24.9 Mil) to Mar. 2023 (£1.1 Mil).

TwentyFourome Fund Accounts Payable & Accrued Expense Historical Data

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

TwentyFourome Fund Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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36.25

0.94

2.86

24.93

1.07

TwentyFourome Fund Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.87	24.93	24.30	1.07	3.44

TwentyFourome Fund 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.

TwentyFourome Fund (LSE:TFIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » TwentyFour Income Fund Ltd (LSE:TFIF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

TFIFl:UK

Address

Trafalgar Court, PO Box 255, Les Banques, St Peter Port, GGY, GY1 3QL

Website

https://www.twentyfouram.com

TwentyFour Income Fund Ltd is a closed-ended investment fund based in the United Kingdom. The company's investment objective is to generate risk-adjusted returns principally through income distributions. Hence, the company follows an investment policy to invest in a diversified portfolio of the United Kingdom and European Asset-Backed Securities. It offers a range of specialist fixed income funds and services to suit the different requirements of its investors.

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