Alpha Growth (LSE:ALGW) Accounts Payable & Accrued Expense : £17.77 Mil (As of Dec. 2023)

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What is Alpha Growth Accounts Payable & Accrued Expense?

Alpha Growth's quarterly accounts payable & accrued expense declined from Dec. 2022 (£16.29 Mil) to Jun. 2023 (£0.45 Mil) but then increased from Jun. 2023 (£0.45 Mil) to Dec. 2023 (£17.77 Mil).

Alpha Growth's annual accounts payable & accrued expense increased from Aug. 2020 (£0.06 Mil) to Dec. 2022 (£16.29 Mil) and increased from Dec. 2022 (£16.29 Mil) to Dec. 2023 (£17.77 Mil).

Alpha Growth Accounts Payable & Accrued Expense Historical Data

The historical data trend for Alpha Growth'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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Alpha Growth Accounts Payable & Accrued Expense Chart

Alpha Growth Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.03

0.22

0.06

16.29

17.77

Alpha Growth Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						0.01	0.18	16.29	0.45	17.77

Alpha Growth 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.

Alpha Growth (LSE:ALGW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alpha Growth PLC (LSE:ALGW) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

35 Berkeley Square, Mayfair, London, GBR, W1J 5BF

Website

https://www.algwplc.com

Alpha Growth PLC is a financial advisory company that provides advice and consultancy services to existing institutional and prospective holders of Senior Life Settlements (SLS). It offers advisory services, strategies, performance monitoring, and analytical services to existing and prospective holders of SLS Assets, mainly through acquisition strategies, performance monitoring, and analytical services. The company provides advisory services to the SPVs and the corporate finance adviser engaged for the bond issue and acquisition.

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