Saietta Group (LSE:SED) Accounts Payable & Accrued Expense : £5.87 Mil (As of Sep. 2023)

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What is Saietta Group Accounts Payable & Accrued Expense?

Saietta Group's quarterly accounts payable & accrued expense declined from Sep. 2022 (£3.57 Mil) to Mar. 2023 (£2.13 Mil) but then increased from Mar. 2023 (£2.13 Mil) to Sep. 2023 (£5.87 Mil).

Saietta Group's annual accounts payable & accrued expense increased from Mar. 2021 (£0.36 Mil) to Mar. 2022 (£3.94 Mil) but then declined from Mar. 2022 (£3.94 Mil) to Mar. 2023 (£2.13 Mil).

Saietta Group Accounts Payable & Accrued Expense Historical Data

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

Saietta Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

0.21

0.15

0.36

3.94

2.13

Saietta Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				2.10	3.94	3.57	2.13	5.87

Saietta 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.

Saietta Group (LSE:SED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Saietta Group PLC (LSE:SED) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/- Fieldfisher, Riverbank House, 2 Swan Lane, London, GBR, EC4R 3TT

Website

https://www.saietta.com

Saietta Group PLC is an engineering company. Its branded AFT (Axial Flux Technology) is modular in design, meaning high and low voltage e-motor solutions can be provided from scooters to large vehicles. It operates in three segments; Lightweight, Heavy-duty and Marine division. It generates maximum revenue from Lightweight segment. AFT has been designed for high automation in volume production meaning AFT cost-effectively delivers class performance. Geographically, the company operates in United Kingdom, European Unions and the rest of the world.

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