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Virgin Wines UK (LSE:VINO) Accounts Payable & Accrued Expense : £10.25 Mil (As of Dec. 2024)


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What is Virgin Wines UK Accounts Payable & Accrued Expense?

Virgin Wines UK's quarterly accounts payable & accrued expense declined from Dec. 2023 (£7.77 Mil) to Jun. 2024 (£4.07 Mil) but then increased from Jun. 2024 (£4.07 Mil) to Dec. 2024 (£10.25 Mil).

Virgin Wines UK's annual accounts payable & accrued expense declined from Jun. 2022 (£5.74 Mil) to Jun. 2023 (£3.81 Mil) but then increased from Jun. 2023 (£3.81 Mil) to Jun. 2024 (£4.07 Mil).


Virgin Wines UK Accounts Payable & Accrued Expense Historical Data

The historical data trend for Virgin Wines UK'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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Virgin Wines UK Accounts Payable & Accrued Expense Chart

Virgin Wines UK Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 14.11 6.77 5.74 3.81 4.07

Virgin Wines UK Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.11 3.81 7.77 4.07 10.25

Virgin Wines UK 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.


Virgin Wines UK Business Description

Traded in Other Exchanges
Address
St James' Mill, 4th Floor, Whitefriars, Norwich, GBR, NR3 1TN
Virgin Wines UK PLC is a direct-to-consumer online wine retailers. It has over 650 wines sourced from more than 40 winemaking partners and suppliers around the world. The product portfolio of the company includes Red Wine, Sparkling Wine, Dessert Wine, Champagne, Cremant, and Cava among others.

Virgin Wines UK Headlines

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