Marks & Spencer Group (LSE:MKS) Accounts Payable & Accrued Expense : £2,109 Mil (As of Mar. 2024)

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What is Marks & Spencer Group Accounts Payable & Accrued Expense?

Marks & Spencer Group's quarterly accounts payable & accrued expense increased from Mar. 2023 (£1,486 Mil) to Sep. 2023 (£2,199 Mil) but then declined from Sep. 2023 (£2,199 Mil) to Mar. 2024 (£2,109 Mil).

Marks & Spencer Group's annual accounts payable & accrued expense increased from Mar. 2022 (£1,349 Mil) to Mar. 2023 (£1,486 Mil) and increased from Mar. 2023 (£1,486 Mil) to Mar. 2024 (£2,109 Mil).

Marks & Spencer Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Marks & Spencer Group'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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Marks & Spencer Group Accounts Payable & Accrued Expense Chart

Marks & Spencer Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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1,082.20

1,138.30

1,349.40

1,485.50

2,109.40

Marks & Spencer Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,349.40	2,269.40	1,485.50	2,199.20	2,109.40

Marks & Spencer Group 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.

Marks & Spencer Group (LSE:MKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Marks & Spencer Group PLC (LSE:MKS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MAKSY:USA MAKSF:USA MKSl:UK MA6:Germany

Address

35 North Wharf Road, Waterside House, London, GBR, W2 1NW

Website

https://www.marksandspencer.com

M&S is a British multichannel retailer with stores across Europe, Asia, and the Middle East. The company sells into more than 60 countries from thousands of stores and several websites around the world and offers predominantly own-brand luxury food, clothing, and home products with the majority of sales coming from its U.K. operations. Marks & Spencer operates three business models—owned, franchise, and joint venture—in the U.K. and internationally. The online business globally is delivered through localized owned and franchised websites and partnerships. The food segment includes value products, convenient ready-made meals, and healthy items. The clothing and home division sells own-brand and high-quality womenswear, lingerie, menswear, kidswear, beauty, and home products.