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Sage Group (The) (Sage Group (The)) Accounts Payable & Accrued Expense : $200 Mil (As of Sep. 2023)


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What is Sage Group (The) Accounts Payable & Accrued Expense?

Sage Group (The)'s quarterly accounts payable & accrued expense increased from Sep. 2022 ($151 Mil) to Mar. 2023 ($407 Mil) but then declined from Mar. 2023 ($407 Mil) to Sep. 2023 ($200 Mil).

Sage Group (The)'s annual accounts payable & accrued expense declined from Sep. 2021 ($551 Mil) to Sep. 2022 ($151 Mil) but then increased from Sep. 2022 ($151 Mil) to Sep. 2023 ($200 Mil).

Sage Group (The) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sage Group (The)'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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Sage Group (The) Accounts Payable & Accrued Expense Chart

Sage Group (The) Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.23 138.60 550.82 150.62 200.50

Sage Group (The) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 550.82 440.05 150.62 406.55 200.50

Sage Group (The) 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.

Sage Group (The) (Sage Group (The)) Business Description

Industry
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Address
C23 - 5 & 6 Cobalt Park Way, Cobalt Park, Newcastle upon Tyne, GBR, NE28 9EJ
Website
https://www.sage.com
The Sage Group is a U.K.-based provider of accounting and enterprise resource planning, or ERP, software, predominantly to customers in the U.S. and Europe. The company was founded in 1981 and historically sold on-premises software products with perpetual software licenses. However, the company is transitioning toward cloud connected and cloud native products, sold via software-as-a-service, or SaaS, contracts. Sage's main cloud native products include Sage Accounting, for small businesses, and Sage Intacct, which Sage acquired in 2017, for midsize businesses.