TT Electronics (LSE:TTG) Accounts Payable & Accrued Expense : £79.3 Mil (As of Dec. 2024)

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What is TT Electronics Accounts Payable & Accrued Expense?

TT Electronics's quarterly accounts payable & accrued expense increased from Dec. 2023 (£84.1 Mil) to Jun. 2024 (£130.6 Mil) but then declined from Jun. 2024 (£130.6 Mil) to Dec. 2024 (£79.3 Mil).

TT Electronics's annual accounts payable & accrued expense declined from Dec. 2022 (£182.8 Mil) to Dec. 2023 (£84.1 Mil) and declined from Dec. 2023 (£84.1 Mil) to Dec. 2024 (£79.3 Mil).

TT Electronics Accounts Payable & Accrued Expense Historical Data

The historical data trend for TT Electronics'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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TT Electronics Accounts Payable & Accrued Expense Chart

TT Electronics Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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68.00

90.90

182.80

84.10

79.30

TT Electronics Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															182.80	162.00	84.10	130.60	79.30

TT Electronics 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.

TT Electronics Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

TTGPF:USA TTGl:UK 7TT:Germany 7TT:Germany

Address

West Street, Fourth Floor, St Andrews House, Woking, Surrey, GBR, GU21 6EB

Website

https://www.ttelectronics.com

TT Electronics PLC provides engineered electronics for performance-critical applications across Healthcare, Aerospace and Defense, Automation and electrification, and Distribution markets. It operates in three segments: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components. Its products consist of connectors, optoelectronics, resistors, semiconductors, and electromagnetics. Its brands include AB Connectors, Aero Stanrew, Power Partners, Semelab, Welwyn Components, and Precision. The geographical segments are the United Kingdom, the Rest of Europe, North America, Asia, and the Rest of the World. It generates maximum revenue from Global Manufacturing Solutions, which provides manufacturing services and engineering solutions.