RS Group (LSE:RS1) Accounts Payable & Accrued Expense : £631 Mil (As of Mar. 2024)

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What is RS Group Accounts Payable & Accrued Expense?

RS Group's quarterly accounts payable & accrued expense increased from Mar. 2023 (£493 Mil) to Sep. 2023 (£652 Mil) but then declined from Sep. 2023 (£652 Mil) to Mar. 2024 (£631 Mil).

RS Group's annual accounts payable & accrued expense increased from Mar. 2022 (£445 Mil) to Mar. 2023 (£493 Mil) and increased from Mar. 2023 (£493 Mil) to Mar. 2024 (£631 Mil).

RS Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for RS 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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RS Group Accounts Payable & Accrued Expense Chart

RS Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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293.70

383.60

445.30

492.70

630.50

RS 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															445.30	653.10	492.70	652.40	630.50

RS 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.

RS Group (LSE:RS1) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » RS Group PLC (LSE:RS1) » Definitions » Accounts Payable & Accrued Expense

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EENEF:USA RS1l:UK

Address

Two Pancras Square, Fifth Floor, London, GBR, N1C 4AG

Website

https://www.rsgroup.com

RS Group PLC is a distributor of electronics and industrial products. The company provides semiconductors; interconnect, passives, and electromechanical components; automation and control products; and consumables through its two brands: RS and Allied Electronics. The main customer groups are electronic design engineers, machine and panel builders, and maintenance engineers. Electrocomponents' largest distribution channel is online through e-commerce. Other channels include catalogs, trade counters, and an international field sales network.

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