Tandem Group (LSE:TND) Accounts Payable & Accrued Expense : £3.94 Mil (As of Dec. 2023)

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What is Tandem Group Accounts Payable & Accrued Expense?

Tandem Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (£4.35 Mil) to Jun. 2023 (£4.71 Mil) but then declined from Jun. 2023 (£4.71 Mil) to Dec. 2023 (£3.94 Mil).

Tandem Group's annual accounts payable & accrued expense declined from Dec. 2021 (£10.59 Mil) to Dec. 2022 (£4.35 Mil) and declined from Dec. 2022 (£4.35 Mil) to Dec. 2023 (£3.94 Mil).

Tandem Group Accounts Payable & Accrued Expense Historical Data

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

Tandem Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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6.16

8.95

10.59

4.35

3.94

Tandem 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															10.59	5.25	4.35	4.71	3.94

Tandem 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.

Tandem Group (LSE:TND) Business Description

Industry

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

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Traded in Other Exchanges

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Address

35 Tameside Drive, Castle Bromwich, Birmingham, GBR, B35 7AG

Website

https://www.tandemgroupplc.co.uk

Tandem Group PLC is a designer, developer, distributor, and retailer of sports, leisure, and mobility products. Its Products include bicycles and accessories, football training equipment, garden and camping, homewares and household appliances, mobility, outdoor play, snooker, pool and table sports, wheeled toys, and golf equipment which are sold under various brands including Boss, Exile, Scorpion, Carpzone, Kickmaster, Windbar, Airwave, Disney, Shopkins, and Trolls. It has four segments Toys, Sports & Leisure, eMobility, Bicycles, Home & Garden, and the majority of the revenue comes from Toys, Sports & Leisure.

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