Spirit Pub Co (LSE:SPRT) Accounts Payable & Accrued Expense : £132.3 Mil (As of Feb. 2015)

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What is Spirit Pub Co Accounts Payable & Accrued Expense?

Spirit Pub Co's quarterly accounts payable & accrued expense declined from Feb. 2014 (£126.7 Mil) to Aug. 2014 (£78.0 Mil) but then increased from Aug. 2014 (£78.0 Mil) to Feb. 2015 (£132.3 Mil).

Spirit Pub Co's annual accounts payable & accrued expense declined from Aug. 2012 (£82.1 Mil) to Aug. 2013 (£69.7 Mil) but then increased from Aug. 2013 (£69.7 Mil) to Aug. 2014 (£78.0 Mil).

Spirit Pub Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Spirit Pub Co'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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Spirit Pub Co Accounts Payable & Accrued Expense Chart

Spirit Pub Co Annual Data

Trend

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Accounts Payable & Accrued Expense

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75.90

73.30

82.10

69.70

78.00

Spirit Pub Co Semi-Annual Data
	Aug08	Aug09	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							117.20	69.70	126.70	78.00	132.30

Spirit Pub Co 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.

Spirit Pub Co (LSE:SPRT) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.spiritpubcompany.com

Spirit Pub Co PLC was incorporated in England. The Company's trading activities are divided into two divisions; namely a Managed division and a Leased division. The Managed division involves pubs that are directly managed by the Group, and a Leased division which involves the granting of leases to licensees who run the pub as their own business, paying rent to the Group, purchasing beer and other drinks from the Group and entering into profit sharing arrangements for income from leisure machines. The Company holds 794 Managed pubs and 433 Leased pubs. The group operates solely in the United Kingdom.