Strix Group (LSE:KETL) Accounts Payable & Accrued Expense : £17.8 Mil (As of Dec. 2023)

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What is Strix Group Accounts Payable & Accrued Expense?

Strix Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (£14.2 Mil) to Jun. 2023 (£13.3 Mil) but then increased from Jun. 2023 (£13.3 Mil) to Dec. 2023 (£17.8 Mil).

Strix Group's annual accounts payable & accrued expense declined from Dec. 2021 (£15.4 Mil) to Dec. 2022 (£14.2 Mil) but then increased from Dec. 2022 (£14.2 Mil) to Dec. 2023 (£17.8 Mil).

Strix Group Accounts Payable & Accrued Expense Historical Data

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

Strix Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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8.81

17.22

15.43

14.22

17.81

Strix Group Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											15.43	11.93	14.22	13.34	17.81

Strix 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.

Strix Group (LSE:KETL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Strix Group PLC (LSE:KETL) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SG9:Germany

Address

Forrest House, Ronaldsway, IMN, IM9 2RG

Website

https://www.strixplc.com

Strix Group PLC manufactures and markets kettle controls for appliances worldwide. The Group is engaged in the business of design, manufacture, and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration. Its revenue is generated by the sale of thermostatic controls, cordless interfaces, and other products such as water jugs and filters. It generates maximum revenue from the Kettle controls segment.

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