JPMorgan Global Growth &ome (LSE:JGGI) Accounts Payable & Accrued Expense : £140.8 Mil (As of Dec. 2023)

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What is JPMorgan Global Growth &ome Accounts Payable & Accrued Expense?

JPMorgan Global Growth &ome's quarterly accounts payable & accrued expense declined from Dec. 2022 (£135.9 Mil) to Jun. 2023 (£2.0 Mil) but then increased from Jun. 2023 (£2.0 Mil) to Dec. 2023 (£140.8 Mil).

JPMorgan Global Growth &ome's annual accounts payable & accrued expense declined from Jun. 2021 (£15.8 Mil) to Jun. 2022 (£2.4 Mil) and declined from Jun. 2022 (£2.4 Mil) to Jun. 2023 (£2.0 Mil).

JPMorgan Global Growth &ome Accounts Payable & Accrued Expense Historical Data

The historical data trend for JPMorgan Global Growth &ome'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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JPMorgan Global Growth &ome Accounts Payable & Accrued Expense Chart

JPMorgan Global Growth &ome Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.78

14.09

15.77

2.42

1.98

JPMorgan Global Growth &ome 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															59.51	2.42	135.92	1.98	140.76

JPMorgan Global Growth &ome 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.

JPMorgan Global Growth &ome (LSE:JGGI) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan Global Growth & Income PLC (LSE:JGGI) » Definitions » Accounts Payable & Accrued Expense

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JGGIl:UK

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

https://www.jpmglobalgrowthandincome.co.uk

JPMorgan Global Growth & Income PLC is an investment trust company. Its main objective is to gain capital growth from world stock markets. The company seeks to manage risk and invests in a diversified portfolio of companies. It focuses on building a high conviction portfolio of typically 50-90 stocks and it adopts bottom-up stock selection instead of geographical or sector allocation. It uses borrowing to gear the portfolio within a range of 5% cash to 20% geared under normal market conditions. The company evaluates its performance against the MSCI All Countries World Index in sterling terms. It holds a diversified portfolio of various sectors including Consumer Discretionary, Financials, Health Care, Information Technology, Industrials, and others.

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