Trakm8 Holdings (LSE:TRAK) Accounts Payable & Accrued Expense : £8.53 Mil (As of Sep. 2023)

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What is Trakm8 Holdings Accounts Payable & Accrued Expense?

Trakm8 Holdings's quarterly accounts payable & accrued expense declined from Sep. 2022 (£8.81 Mil) to Mar. 2023 (£6.03 Mil) but then increased from Mar. 2023 (£6.03 Mil) to Sep. 2023 (£8.53 Mil).

Trakm8 Holdings's annual accounts payable & accrued expense increased from Mar. 2021 (£3.74 Mil) to Mar. 2022 (£4.76 Mil) and increased from Mar. 2022 (£4.76 Mil) to Mar. 2023 (£6.03 Mil).

Trakm8 Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Trakm8 Holdings'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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Trakm8 Holdings Accounts Payable & Accrued Expense Chart

Trakm8 Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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4.10

4.21

3.74

4.76

6.03

Trakm8 Holdings Semi-Annual Data
	Mar14	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															5.34	4.76	8.81	6.03	8.53

Trakm8 Holdings 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.

Trakm8 Holdings (LSE:TRAK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Trakm8 Holdings PLC (LSE:TRAK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

4 Roman Park, Roman Way, Coleshill, Birmingham, West Midlands, GBR, B46 1HG

Website

https://www.trakm8.com

Trakm8 Holdings PLC is a UK-based company. The company through its subsidiaries is engaged in developing, manufacturing, marketing, and distribution of vehicle telematics devices and services. Its operating segment includes Integrated Telematics Technology. The company generates maximum revenue from Fleet and optimization and Insurance and automotive solutions. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in North America, Norway, the Rest of Europe, and the Rest of the World.