Microlise Group (LSE:SAAS) Accounts Payable & Accrued Expense : £9.54 Mil (As of Dec. 2023)

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What is Microlise Group Accounts Payable & Accrued Expense?

Microlise Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (£8.05 Mil) to Jun. 2023 (£34.37 Mil) but then declined from Jun. 2023 (£34.37 Mil) to Dec. 2023 (£9.54 Mil).

Microlise Group's annual accounts payable & accrued expense declined from Jun. 2021 (£29.07 Mil) to Dec. 2022 (£8.05 Mil) but then increased from Dec. 2022 (£8.05 Mil) to Dec. 2023 (£9.54 Mil).

Microlise Group Accounts Payable & Accrued Expense Historical Data

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

Microlise Group Annual Data

Trend

Jun19

Jun20

Jun21

Dec22

Dec23

Accounts Payable & Accrued Expense

5.21

9.81

29.07

8.05

9.54

Microlise Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			29.07	32.47	8.05	34.37	9.54

Microlise 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.

Microlise Group (LSE:SAAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Microlise Group PLC (LSE:SAAS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

2DI:Germany

Address

Farrington Way, Eastwood, Nottingham, GBR, NG16 3AG

Website

https://www.microlise.com

Microlise Group PLC is a provider of transportation management solutions to enterprise customers. It automates and optimizes critical processes such as scheduling, routing, driver performance monitoring, and resource allocation, while providing valuable, actionable real-time data.