Taylor Maritime Investments (LSE:TMI) Accounts Payable & Accrued Expense : $2.48 Mil (As of Sep. 2023)

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What is Taylor Maritime Investments Accounts Payable & Accrued Expense?

Taylor Maritime Investments's quarterly accounts payable & accrued expense declined from Sep. 2022 ($1.21 Mil) to Mar. 2023 ($0.96 Mil) but then increased from Mar. 2023 ($0.96 Mil) to Sep. 2023 ($2.48 Mil).

Taylor Maritime Investments's annual accounts payable & accrued expense increased from . 20 ($0.00 Mil) to Mar. 2022 ($0.60 Mil) and increased from Mar. 2022 ($0.60 Mil) to Mar. 2023 ($0.96 Mil).

Taylor Maritime Investments Accounts Payable & Accrued Expense Historical Data

The historical data trend for Taylor Maritime Investments'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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Taylor Maritime Investments Accounts Payable & Accrued Expense Chart

Taylor Maritime Investments Annual Data

Trend

Mar22

Mar23

Accounts Payable & Accrued Expense

0.60

0.96

Taylor Maritime Investments Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	0.79	0.60	1.21	0.96	2.48

Taylor Maritime Investments 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.

Taylor Maritime Investments (LSE:TMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Taylor Maritime Investments Ltd (LSE:TMI) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

TMIPl:UK

Address

1 Royal Plaza, Royal Avenue, Saint Peter Port, GGY, GY1 2HL

Website

https://www.taylormaritimeinvestments.com

Taylor Maritime Investments Ltd is an internally managed investment company and will invest in a diversified portfolio of vessels that will primarily be second-hand Geared Ships.

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