Zotefoams (LSE:ZTF) Accounts Payable & Accrued Expense : £10.5 Mil (As of Dec. 2023)

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What is Zotefoams Accounts Payable & Accrued Expense?

Zotefoams's quarterly accounts payable & accrued expense increased from Dec. 2022 (£9.8 Mil) to Jun. 2023 (£15.7 Mil) but then declined from Jun. 2023 (£15.7 Mil) to Dec. 2023 (£10.5 Mil).

Zotefoams's annual accounts payable & accrued expense increased from Dec. 2021 (£6.4 Mil) to Dec. 2022 (£9.8 Mil) and increased from Dec. 2022 (£9.8 Mil) to Dec. 2023 (£10.5 Mil).

Zotefoams Accounts Payable & Accrued Expense Historical Data

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

Zotefoams Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4.52

5.59

6.37

9.77

10.46

Zotefoams 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															6.37	14.73	9.77	15.69	10.46

Zotefoams 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.

Zotefoams (LSE:ZTF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zotefoams PLC (LSE:ZTF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ZTFl:UK 23Z:Germany

Address

675 Mitcham Road, Croydon, London, GBR, CR9 3AL

Website

https://www.zotefoams.com

Zotefoams PLC is engaged in the manufacturing of polymer foam using bespoke autoclave technology to produce foams with attributes. Its block foams are sold under the AZOTE and ZOTEK brand names. The company serves automotive, aerospace, packaging, industrial parts, marine, building and construction, military, medical, and sports and leisure industries. It has three main operating segments Polyolefin foams, High-Performance Products, and MuCell Extrusion LLC. Its business is geographically located in UK and U.S. locations. The maximum revenue to the company is generated from the Polyolefin foams segment.

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