Playtech (Playtech) Accounts Payable & Accrued Expense : $260 Mil (As of Dec. 2023)

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What is Playtech Accounts Payable & Accrued Expense?

Playtech's quarterly accounts payable & accrued expense increased from Dec. 2022 ($225 Mil) to Jun. 2023 ($421 Mil) but then declined from Jun. 2023 ($421 Mil) to Dec. 2023 ($260 Mil).

Playtech's annual accounts payable & accrued expense increased from Dec. 2021 ($179 Mil) to Dec. 2022 ($225 Mil) and increased from Dec. 2022 ($225 Mil) to Dec. 2023 ($260 Mil).

Playtech Accounts Payable & Accrued Expense Historical Data

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

Playtech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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360.67

239.05

179.21

225.11

260.31

Playtech Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															179.21	352.22	225.11	420.59	260.31

Playtech 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.

Playtech (Playtech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Playtech PLC (OTCPK:PYTCF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PTECl:UK PTEC:UK

Address

Upper Church Street, Ground Floor, St George’s Court, Douglas, IMN, IM1 1EE

Website

https://www.playtech.com

Playtech PLC specializes in gambling software for various online gambling networks that include online casinos, online bingo, mobile gaming, and online sports betting. The company's open platform software allows customers to build and market casino games that include blackjack, baccarat, slots, and roulette. The company's business segments are gaming B2B and gaming B2C. Gaming B2B is the division that operates casinos, services, sports, bingo, poker, and other B2B gambling. The segment gaming B2C controls Snaitech, Sun Bingo, and other B2C gambling. The company is based on the Isle of Man and generates the majority of its revenue from Italy and the United Kingdom.