Argo Group (LSE:ARGO) Accounts Payable & Accrued Expense : £0.49 Mil (As of Dec. 2023)

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What is Argo Group Accounts Payable & Accrued Expense?

Argo Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (£0.41 Mil) to Jun. 2023 (£0.52 Mil) but then declined from Jun. 2023 (£0.52 Mil) to Dec. 2023 (£0.49 Mil).

Argo Group's annual accounts payable & accrued expense increased from Dec. 2021 (£0.18 Mil) to Dec. 2022 (£0.41 Mil) and increased from Dec. 2022 (£0.41 Mil) to Dec. 2023 (£0.49 Mil).

Argo Group Accounts Payable & Accrued Expense Historical Data

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

Argo Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.35

0.31

0.18

0.41

0.49

Argo 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															0.18	0.09	0.41	0.52	0.49

Argo 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.

Argo Group (LSE:ARGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Argo Group Ltd (LSE:ARGO) » Definitions » Accounts Payable & Accrued Expense

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IW6:Germany

Address

24-25 New Bond Street, 2nd Floor, London, GBR, W1S 2RR

Website

https://www.argogrouplimited.com

Argo Group Ltd is an investment management company that invests in multi-strategy investment in emerging markets. Its investment objective is to provide investors with absolute returns on the funds. The group aims to deliver low volatility, double-digit absolute returns through a fundamental, bottom-up investment approach. The Group's funds invest in performing fixed-income securities, both sovereign and corporate, distressed debt, and real estate. The company operates as a single asset management business.