Focusrite (LSE:TUNE) Accounts Payable & Accrued Expense : £28.0 Mil (As of Feb. 2024)

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What is Focusrite Accounts Payable & Accrued Expense?

Focusrite's quarterly accounts payable & accrued expense increased from Feb. 2023 (£27.4 Mil) to Aug. 2023 (£29.9 Mil) but then declined from Aug. 2023 (£29.9 Mil) to Feb. 2024 (£28.0 Mil).

Focusrite's annual accounts payable & accrued expense increased from Aug. 2021 (£12.0 Mil) to Aug. 2022 (£24.9 Mil) and increased from Aug. 2022 (£24.9 Mil) to Aug. 2023 (£29.9 Mil).

Focusrite Accounts Payable & Accrued Expense Historical Data

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

Focusrite Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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9.94

14.25

11.97

24.86

29.87

Focusrite Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															27.17	24.86	27.44	29.87	27.98

Focusrite 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.

Focusrite (LSE:TUNE) Business Description

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FOCIF:USA

Address

Hillbottom Road, Artisan, High Wycombe, Buckinghamshire, GBR, HP12 4HJ

Website

https://www.focusriteplc.com

Focusrite PLC is a music and audio products company supplying hardware and software products used by professional and amateur musicians. The company's operating segment includes Focusrite, Novation, ADAM Audio, Martin Audio, Sequential, and Sonox. It generates maximum revenue from the Focusrite segment. Focusrite segment includes sales of Focusrite and Focusrite Pro branded products. Geographically, majority of its revenue is generated from North America.