ProVen VCT (LSE:PVN) Accounts Payable & Accrued Expense : £0.34 Mil (As of Feb. 2023)

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What is ProVen VCT Accounts Payable & Accrued Expense?

ProVen VCT's quarterly accounts payable & accrued expense increased from Feb. 2022 (£0.02 Mil) to Aug. 2022 (£0.82 Mil) but then declined from Aug. 2022 (£0.82 Mil) to Feb. 2023 (£0.34 Mil).

ProVen VCT's annual accounts payable & accrued expense increased from Feb. 2021 (£0.01 Mil) to Feb. 2022 (£0.02 Mil) and increased from Feb. 2022 (£0.02 Mil) to Feb. 2023 (£0.34 Mil).

ProVen VCT Accounts Payable & Accrued Expense Historical Data

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

ProVen VCT Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Accounts Payable & Accrued Expense

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0.30

0.93

0.01

0.02

0.34

ProVen VCT Semi-Annual Data
	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.01	1.55	0.02	0.82	0.34

ProVen VCT 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.

ProVen VCT (LSE:PVN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ProVen VCT PLC (LSE:PVN) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

55 Drury Lane, Charter House, London, GBR, WC2B 5SQ

Website

https://www.provenvcts.co.uk

ProVen VCT PLC is a United Kingdom-based venture capital trust. Its investment objectives are to achieve a total return greater than that available from direct investment in quoted businesses by investing in a portfolio of carefully selected qualifying investments in small and medium-sized unquoted companies with excellent growth prospects and a portfolio of non-qualifying investments including cash, liquidity funds, fixed interest securities, debt and debt-related securities in growth companies and non-qualifying venture capital investments.

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