Time Finance (LSE:TIME) Accounts Payable & Accrued Expense : £65.85 Mil (As of Nov. 2023)

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What is Time Finance Accounts Payable & Accrued Expense?

Time Finance's quarterly accounts payable & accrued expense increased from Nov. 2022 (£61.36 Mil) to May. 2023 (£65.63 Mil) and increased from May. 2023 (£65.63 Mil) to Nov. 2023 (£65.85 Mil).

Time Finance's annual accounts payable & accrued expense increased from May. 2021 (£41.69 Mil) to May. 2022 (£51.97 Mil) and increased from May. 2022 (£51.97 Mil) to May. 2023 (£65.63 Mil).

Time Finance Accounts Payable & Accrued Expense Historical Data

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

Time Finance Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

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68.87

51.34

41.69

51.97

65.63

Time Finance Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															45.62	51.97	61.36	65.63	65.85

Time Finance 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.

Time Finance (LSE:TIME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Time Finance PLC (LSE:TIME) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

The Square, Lower Bristol Road, St James House, Bath, GBR, BA2 3BH

Website

https://www.timefinance.com

Time Finance PLC is a part of the financial services domain in the United Kingdom. The company's principal business involves the provision of financial services to SMEs (small and medium sized enterprises) in the United Kingdom. The company operates in Asset Finance, Vehicle Finance, Loan Finance, and Invoice Finance. It generates most of the revenue from the Asset Finance division.

Time Finance (LSE:TIME) Headlines

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