M & G Highome Investment Trust (LSE:MGHC) Accounts Payable & Accrued Expense : £0.53 Mil (As of Nov. 2016)

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What is M & G Highome Investment Trust Accounts Payable & Accrued Expense?

M & G Highome Investment Trust's quarterly accounts payable & accrued expense increased from Nov. 2015 (£9.49 Mil) to May. 2016 (£421.59 Mil) but then declined from May. 2016 (£421.59 Mil) to Nov. 2016 (£0.53 Mil).

M & G Highome Investment Trust's annual accounts payable & accrued expense increased from May. 2014 (£0.70 Mil) to May. 2015 (£444.58 Mil) but then declined from May. 2015 (£444.58 Mil) to May. 2016 (£421.59 Mil).

M & G Highome Investment Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for M & G Highome Investment Trust'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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M & G Highome Investment Trust Accounts Payable & Accrued Expense Chart

M & G Highome Investment Trust Annual Data

Trend

May07

May08

May09

May10

May11

May12

May13

May14

May15

May16

Accounts Payable & Accrued Expense

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0.20

0.50

0.70

444.58

421.59

M & G Highome Investment Trust Semi-Annual Data
	May07	Nov07	May08	Nov08	May09	Nov09	May10	Nov10	May11	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.37	444.58	9.49	421.59	0.53

M & G Highome Investment Trust 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.

M & G Highome Investment Trust (LSE:MGHC) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » M & G High Income Investment Trust PLC (LSE:MGHC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Website

http://www.mandg.co.uk

M & G High Income Investment Trust PLC was incorporated in United Kingdom on December 23, 1996. It is a split capital investment trust company with three classes of share: Zero Dividend Preference Shares, Income Shares and Capital Shares. The Company's investment objective is to achieve an above average and increasing income over the 20 year life of the Company and seeking to achieve capital growth.

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