Sportech (LSE:SPO) Accounts Payable & Accrued Expense : £5.20 Mil (As of Jun. 2023)

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What is Sportech Accounts Payable & Accrued Expense?

Sportech's quarterly accounts payable & accrued expense increased from Jun. 2022 (£4.08 Mil) to Dec. 2022 (£4.95 Mil) and increased from Dec. 2022 (£4.95 Mil) to Jun. 2023 (£5.20 Mil).

Sportech's annual accounts payable & accrued expense increased from Dec. 2020 (£8.42 Mil) to Dec. 2021 (£8.44 Mil) but then declined from Dec. 2021 (£8.44 Mil) to Dec. 2022 (£4.95 Mil).

Sportech Accounts Payable & Accrued Expense Historical Data

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

Sportech Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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10.69

11.29

8.42

8.44

4.95

Sportech Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															9.25	8.44	4.08	4.95	5.20

Sportech 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.

Sportech (LSE:SPO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sportech PLC (LSE:SPO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Collins House, Rutland Square, Midlothian, Edinburgh, GBR, EH1 2AA

Website

https://www.sportechplc.com

Sportech PLC is a sports entertainment company and pool betting organization, focusing on regulated markets. The company has three business divisions including Sportech Digital which include the provision of pari-mutuel wagering services and systems principally to the horseracing industry; Sportech Venues include off-track betting venue management, and Corporate costs include central costs relating to Company in its capacity as the holding company of the Group. Majority of the revenue is generated from Sportech Venus division.

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