Gamma Communications (LSE:GAMA) Accounts Payable & Accrued Expense : £66.6 Mil (As of Dec. 2023)

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What is Gamma Communications Accounts Payable & Accrued Expense?

Gamma Communications's quarterly accounts payable & accrued expense increased from Dec. 2022 (£17.3 Mil) to Jun. 2023 (£55.2 Mil) and increased from Jun. 2023 (£55.2 Mil) to Dec. 2023 (£66.6 Mil).

Gamma Communications's annual accounts payable & accrued expense increased from Dec. 2021 (£14.7 Mil) to Dec. 2022 (£17.3 Mil) and increased from Dec. 2022 (£17.3 Mil) to Dec. 2023 (£66.6 Mil).

Gamma Communications Accounts Payable & Accrued Expense Historical Data

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

Gamma Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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15.20

20.20

14.70

17.30

66.60

Gamma Communications 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															14.70	56.50	17.30	55.20	66.60

Gamma Communications 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.

Gamma Communications (LSE:GAMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Gamma Communications PLC (LSE:GAMA) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

6GC:Germany

Address

Kings Road West, Kings House, Newbury, Berkshire, GBR, RG14 5BY

Website

https://www.gamma.co.uk

Gamma Communications PLC is a supplier of Unified Communications as a Service (UCaaS) in the United Kingdom and Dutch markets, supplying communication solutions directly and via its network of trusted channel partners. The company's product portfolio includes Unified Communications, SIP Trunking, Call Management, Mobile, and Connectivity. Its segments consist of UK Indirect, which sells products to channel partners; UK Direct which sells products to end-users in the SME, enterprise, and public sectors together with an associated service wrap; and European segment consists of sales made in Europe; and Central functions.

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