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Various Eateries (LSE:VARE) Accounts Payable & Accrued Expense : £5.88 Mil (As of Sep. 2023)


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What is Various Eateries Accounts Payable & Accrued Expense?

Various Eateries's quarterly accounts payable & accrued expense declined from Sep. 2022 (£4.79 Mil) to Mar. 2023 (£3.78 Mil) but then increased from Mar. 2023 (£3.78 Mil) to Sep. 2023 (£5.88 Mil).

Various Eateries's annual accounts payable & accrued expense increased from Sep. 2021 (£3.37 Mil) to Sep. 2022 (£4.79 Mil) and increased from Sep. 2022 (£4.79 Mil) to Sep. 2023 (£5.88 Mil).


Various Eateries Accounts Payable & Accrued Expense Historical Data

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

Various Eateries Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 3.73 4.80 3.37 4.79 5.88

Various Eateries Semi-Annual Data
Sep17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.37 3.36 4.79 3.78 5.88

Various Eateries 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.


Various Eateries (LSE:VARE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
20 Saint Thomas Street, Runway East, London, GBR, SE1 9RS
Various Eateries PLC owns, develops, and operates restaurant sites in the United Kingdom. The company operates two core brands; Coppa Club, a multi-use, all-day concept that combines a restaurant, terrace, cafe, lounge, bar, and workspaces; and Tavolino, a restaurant aiming to address a gap in the market for high-quality Italian food at mid-market prices. The company has two operating segments; the Restaurant Segment, and the Hotel Segment, out of which a majority of the company's revenue is derived from the Restaurant Segment.

Various Eateries (LSE:VARE) Headlines

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