Polar Capital Technology Trust (LSE:PCT) Accounts Payable & Accrued Expense : £53.5 Mil (As of Oct. 2023)

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What is Polar Capital Technology Trust Accounts Payable & Accrued Expense?

Polar Capital Technology Trust's quarterly accounts payable & accrued expense increased from Oct. 2022 (£20.0 Mil) to Apr. 2023 (£21.6 Mil) and increased from Apr. 2023 (£21.6 Mil) to Oct. 2023 (£53.5 Mil).

Polar Capital Technology Trust's annual accounts payable & accrued expense increased from Apr. 2021 (£29.2 Mil) to Apr. 2022 (£50.6 Mil) but then declined from Apr. 2022 (£50.6 Mil) to Apr. 2023 (£21.6 Mil).

Polar Capital Technology Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Polar Capital Technology 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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Polar Capital Technology Trust Accounts Payable & Accrued Expense Chart

Polar Capital Technology Trust Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Accounts Payable & Accrued Expense

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33.96

50.03

29.15

50.55

21.63

Polar Capital Technology Trust Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															33.93	50.55	20.02	21.63	53.55

Polar Capital Technology 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.

Polar Capital Technology Trust (LSE:PCT) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Polar Capital Technology Trust PLC (LSE:PCT) » Definitions » Accounts Payable & Accrued Expense

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PCTl:UK

Address

16 Palace Street, London, GBR, SW1E 5JD

Website

https://www.polarcapitaltechnologytrust.co.uk

Polar Capital Technology Trust PLC is a UK-based investment trust company. The company's investment objective is to maximize long-term capital growth by investing in a diversified portfolio of technology companies across the world. Geographically, the company earns investment income from North America, Europe, and the Asia Pacific region. It invests in Software, Interactive Media and Services, Semiconductors and Semiconductor Equipment, Technology Hardware, Storage and Peripherals, Internet and Direct Marketing Retail, IT Services, Entertainment, and other sectors.