Town Centre Securities (LSE:TOWN) Accounts Payable & Accrued Expense : £11.86 Mil (As of Dec. 2023)

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What is Town Centre Securities Accounts Payable & Accrued Expense?

Town Centre Securities's quarterly accounts payable & accrued expense increased from Dec. 2022 (£11.20 Mil) to Jun. 2023 (£12.39 Mil) but then declined from Jun. 2023 (£12.39 Mil) to Dec. 2023 (£11.86 Mil).

Town Centre Securities's annual accounts payable & accrued expense declined from Jun. 2021 (£11.50 Mil) to Jun. 2022 (£9.83 Mil) but then increased from Jun. 2022 (£9.83 Mil) to Jun. 2023 (£12.39 Mil).

Town Centre Securities Accounts Payable & Accrued Expense Historical Data

The historical data trend for Town Centre Securities'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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Town Centre Securities Accounts Payable & Accrued Expense Chart

Town Centre Securities Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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34.59

12.95

11.50

9.83

12.39

Town Centre Securities Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															11.25	9.83	11.20	12.39	11.86

Town Centre Securities 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.

Town Centre Securities (LSE:TOWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Town Centre Securities PLC (LSE:TOWN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

TOWNl:UK TOWN.GB:UK

Address

Town Centre House, The Merrion Centre, Leeds, GBR, LS2 8LY

Website

https://www.tcs-plc.co.uk

Town Centre Securities PLC is the United Kingdom-based company engaged in property investment, development and trading and the provision of a hotel and car parks. The company operates in three business segments comprising property rental, car park activities and hotel operations. Geographically their operations are performed wholly in the United Kingdom. It serves in various sectors such as retail, leisure, office, car parking, distribution and residential. The company's property portfolio includes Rochdale Retail Park, Marina Residential, Eider House, Brownsfield Mill, Carver's Warehouse, Retail Village, The Arena Quarter, and others. The company derives of the revenue from the Property Rental segment.