Morses Club (Morses Club) Accounts Payable & Accrued Expense : $6.8 Mil (As of Aug. 2022)

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What is Morses Club Accounts Payable & Accrued Expense?

Morses Club's quarterly accounts payable & accrued expense declined from Aug. 2021 ($10.2 Mil) to Feb. 2022 ($4.9 Mil) but then increased from Feb. 2022 ($4.9 Mil) to Aug. 2022 ($6.8 Mil).

Morses Club's annual accounts payable & accrued expense increased from Feb. 2020 ($5.8 Mil) to Feb. 2021 ($7.7 Mil) but then declined from Feb. 2021 ($7.7 Mil) to Feb. 2022 ($4.9 Mil).

Morses Club Accounts Payable & Accrued Expense Historical Data

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

Morses Club Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Accounts Payable & Accrued Expense

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5.31

12.13

5.75

7.69

4.93

Morses Club Semi-Annual Data
	Feb14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												10.19	7.69	10.20	4.93	6.78

Morses Club 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.

Morses Club (Morses Club) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Morses Club PLC (OTCPK:MCLBF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Colliers Way, Building 1, The Phoenix Centre, Nottingham, GBR, NG8 6AT

Website

https://www.morsesclubplc.com

Morses Club PLC is a consumer finance company. It provides a range of loan products through a combination of traditional and online marketing channels. The group's segments comprise Home Collected Credit and Digital. The company offers small cash loans between and operates through a network of branches throughout the UK.

Morses Club (Morses Club) Headlines

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