Tribe Technology (LSE:TRYB) Accounts Payable & Accrued Expense : £0.77 Mil (As of Dec. 2023)

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What is Tribe Technology Accounts Payable & Accrued Expense?

Tribe Technology's quarterly accounts payable & accrued expense increased from Dec. 2022 (£1.13 Mil) to Jun. 2023 (£1.61 Mil) but then declined from Jun. 2023 (£1.61 Mil) to Dec. 2023 (£0.77 Mil).

Tribe Technology's annual accounts payable & accrued expense increased from Jun. 2021 (£0.51 Mil) to Jun. 2022 (£1.79 Mil) but then declined from Jun. 2022 (£1.79 Mil) to Jun. 2023 (£1.61 Mil).

Tribe Technology Accounts Payable & Accrued Expense Historical Data

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

Tribe Technology Annual Data

Trend

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

0.51

1.79

1.61

Tribe Technology Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	1.79	1.13	1.61	0.77

Tribe Technology 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.

Tribe Technology (LSE:TRYB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tribe Technology PLC (LSE:TRYB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7B Enterprise Way, Mallusk, Belfast, GBR, BT36 4EW

Website

https://www.tribetechgroup.com

Tribe Technology PLC is a company involved in developing and manufacturing of autonomous mining equipment. The Company's core activities are the development, in-house manufacturing, and sale of its autonomous reverse circulation (RC) drill rigs incorporating its core proprietary intellectual property, Tribe Technology Drilling System (TTDS).

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