Hipgnosis Songs Fund (LSE:SONG) Accounts Payable & Accrued Expense : £39.15 Mil (As of Sep. 2023)

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What is Hipgnosis Songs Fund Accounts Payable & Accrued Expense?

Hipgnosis Songs Fund's quarterly accounts payable & accrued expense declined from Sep. 2022 (£41.11 Mil) to Mar. 2023 (£30.66 Mil) but then increased from Mar. 2023 (£30.66 Mil) to Sep. 2023 (£39.15 Mil).

Hipgnosis Songs Fund's annual accounts payable & accrued expense declined from Mar. 2021 (£53.71 Mil) to Mar. 2022 (£26.58 Mil) but then increased from Mar. 2022 (£26.58 Mil) to Mar. 2023 (£30.66 Mil).

Hipgnosis Songs Fund Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hipgnosis Songs Fund'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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Hipgnosis Songs Fund Accounts Payable & Accrued Expense Chart

Hipgnosis Songs Fund Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

38.80

7.31

53.71

26.58

30.66

Hipgnosis Songs Fund Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				18.09	26.58	41.11	30.66	39.15

Hipgnosis Songs Fund 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.

Hipgnosis Songs Fund (LSE:SONG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hipgnosis Songs Fund Ltd (LSE:SONG) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Trafalgar Court, Les Banques, P.O. Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY

Website

https://www.hipgnosissongs.com

Hipgnosis Songs Fund Ltd is an investment company. The company's investment objective is to provide shareholders with an attractive and growing level of income, together with the potential for capital growth. It offers to play exposure to songs and associated musical intellectual property rights. Hipgnosis Songs Fund serves customers globally.