Westminster Group (LSE:WSG) Accounts Payable & Accrued Expense : £1.81 Mil (As of Dec. 2023)

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What is Westminster Group Accounts Payable & Accrued Expense?

Westminster Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (£0.56 Mil) to Jun. 2023 (£1.95 Mil) but then declined from Jun. 2023 (£1.95 Mil) to Dec. 2023 (£1.81 Mil).

Westminster Group's annual accounts payable & accrued expense declined from Dec. 2019 (£2.46 Mil) to Dec. 2020 (£0.69 Mil) and declined from Dec. 2020 (£0.69 Mil) to Dec. 2021 (£0.51 Mil).

Westminster Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Westminster Group'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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Westminster Group Accounts Payable & Accrued Expense Chart

Westminster Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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0.31

1.61

2.46

0.69

0.51

Westminster Group 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															0.51	2.11	0.56	1.95	1.81

Westminster Group 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.

Westminster Group (LSE:WSG) Business Description

Industry

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3W5:Germany

Address

Blacklocks Hill, Westminster House, Banbury, Oxfordshire, GBR, OX17 2BS

Website

https://www.wsg-corporate.com

Westminster Group PLC designs, supplies, and provides ongoing support for technology security solutions. The company's operating division includes managed services and technology segments. The company generates maximum revenue from the managed services segment. Geographically, the company derives a majority of its revenue from the Middle East and also has a presence in the United Kingdom and Europe, Africa, and the Rest of the World. The activities of the company include the design, supply, and ongoing support of technology security solutions, encompassing a wide range of surveillance, detection, tracking, and interception technologies and the provision of long-term managed services.