Palace Capital (LSE:PCA) Accounts Payable & Accrued Expense : £2.60 Mil (As of Sep. 2023)

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What is Palace Capital Accounts Payable & Accrued Expense?

Palace Capital's quarterly accounts payable & accrued expense increased from Sep. 2022 (£2.45 Mil) to Mar. 2023 (£2.64 Mil) but then declined from Mar. 2023 (£2.64 Mil) to Sep. 2023 (£2.60 Mil).

Palace Capital's annual accounts payable & accrued expense declined from Mar. 2021 (£4.93 Mil) to Mar. 2022 (£2.91 Mil) and declined from Mar. 2022 (£2.91 Mil) to Mar. 2023 (£2.64 Mil).

Palace Capital Accounts Payable & Accrued Expense Historical Data

The historical data trend for Palace Capital'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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Palace Capital Accounts Payable & Accrued Expense Chart

Palace Capital Annual Data

Trend

Jan13

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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4.27

6.74

4.93

2.91

2.64

Palace Capital Semi-Annual Data
	Jan14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3.16	2.91	2.45	2.64	2.60

Palace Capital 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.

Palace Capital (LSE:PCA) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Palace Capital PLC (LSE:PCA) » Definitions » Accounts Payable & Accrued Expense

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PCAl:UK

Address

6-8 Greencoat Place, Fora Victoria, London, GBR, SW1P 1PL

Website

https://www.palacecapitalplc.com

Palace Capital PLC is a property investment company. Its property portfolio includes investment properties located throughout England, predominantly regional investments outside London, and comprises a diverse portfolio of commercial buildings. The company generates revenue in the form of Rent. Its only reportable segment is an Investment property. The company's properties include Hudson House, York; Fraser House, Staines, Milton Keynes, and Midsummer Boulevard.

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