Hornby (LSE:HRN) Accounts Payable & Accrued Expense : £9.51 Mil (As of Sep. 2023)

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What is Hornby Accounts Payable & Accrued Expense?

Hornby's quarterly accounts payable & accrued expense declined from Sep. 2022 (£8.45 Mil) to Mar. 2023 (£6.40 Mil) but then increased from Mar. 2023 (£6.40 Mil) to Sep. 2023 (£9.51 Mil).

Hornby's annual accounts payable & accrued expense increased from Mar. 2021 (£4.96 Mil) to Mar. 2022 (£5.48 Mil) and increased from Mar. 2022 (£5.48 Mil) to Mar. 2023 (£6.40 Mil).

Hornby Accounts Payable & Accrued Expense Historical Data

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

Hornby Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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3.37

3.22

4.96

5.48

6.40

Hornby Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8.58	5.48	8.45	6.40	9.51

Hornby 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.

Hornby (LSE:HRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hornby PLC (LSE:HRN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HNB:Germany

Address

Enterprise Road, Westwood Industrial Estate, Margate, London, Kent, GBR, CT9 4JX

Website

https://www.hornby.com

Hornby PLC is a holding company. The company is engaged in the development, design, sourcing, and distribution of hobby and interactive products. Its geographical segment includes the UK, USA, Spain, Italy, and Rest of Europe. The company derives the majority of its revenue from the UK.

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