AB Dynamics (LSE:ABDP) Accounts Payable & Accrued Expense : £17.1 Mil (As of Feb. 2024)

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What is AB Dynamics Accounts Payable & Accrued Expense?

AB Dynamics's quarterly accounts payable & accrued expense increased from Feb. 2023 (£20.0 Mil) to Aug. 2023 (£20.1 Mil) but then declined from Aug. 2023 (£20.1 Mil) to Feb. 2024 (£17.1 Mil).

AB Dynamics's annual accounts payable & accrued expense increased from Aug. 2021 (£10.9 Mil) to Aug. 2022 (£16.8 Mil) and increased from Aug. 2022 (£16.8 Mil) to Aug. 2023 (£20.1 Mil).

AB Dynamics Accounts Payable & Accrued Expense Historical Data

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

AB Dynamics Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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10.29

10.39

10.93

16.81

20.13

AB Dynamics 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															10.61	16.81	20.00	20.13	17.11

AB Dynamics 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.

AB Dynamics (LSE:ABDP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » AB Dynamics PLC (LSE:ABDP) » Definitions » Accounts Payable & Accrued Expense

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ABDP.GB:UK

Address

Middleton Drive, Bradford on Avon, Wiltshire, GBR, BA15 1GB

Website

https://www.abdplc.com

AB Dynamics PLC supplies measurement and testing equipment to the automotive industry. The principal activity of the Group is the design, manufacture, and supply of testing, simulation and measurement products for the global transport market. The Group derives the majority of revenue from Laboratory testing and simulation and includes Track testing. Geographically, key revenue is generated from Asia Pacific that includes the United Kingdom, the Rest of European, North America, and the Rest of the World.

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