Iconic Labs (LSE:ICON) Accounts Payable & Accrued Expense : £0.87 Mil (As of Dec. 2023)

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What is Iconic Labs Accounts Payable & Accrued Expense?

Iconic Labs's quarterly accounts payable & accrued expense declined from Dec. 2022 (£2.05 Mil) to Jun. 2023 (£1.70 Mil) and declined from Jun. 2023 (£1.70 Mil) to Dec. 2023 (£0.87 Mil).

Iconic Labs's annual accounts payable & accrued expense increased from Jun. 2021 (£5.79 Mil) to Jun. 2022 (£6.38 Mil) but then declined from Jun. 2022 (£6.38 Mil) to Jun. 2023 (£1.70 Mil).

Iconic Labs Accounts Payable & Accrued Expense Historical Data

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

Iconic Labs Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.70

1.37

5.79

6.38

1.70

Iconic Labs Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											5.79	6.38	2.05	1.70	0.87

Iconic Labs 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.

Iconic Labs (LSE:ICON) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Iconic Labs PLC (LSE:ICON) » Definitions » Accounts Payable & Accrued Expense

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W0G:Germany

Address

7 Bell Yard, London, GBR, WC2A 2JR

Website

https://www.iconiclabs.co.uk

Iconic Labs PLC is a media and technology business focused on the identification, acquisition and growth of technology-driven companies in the online media, artificial intelligence, and big data gathering, processing and analysis sectors. Its asset Gay Star News ("GSN"), an online media platform is dedicated to the LGBTQ+ community that intends to continue developing with strategic partners.