SP Plus (SP Plus) Accounts Payable & Accrued Expense : $221 Mil (As of Dec. 2023)

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What is SP Plus Accounts Payable & Accrued Expense?

SP Plus's quarterly accounts payable & accrued expense increased from Jun. 2023 ($254 Mil) to Sep. 2023 ($272 Mil) but then declined from Sep. 2023 ($272 Mil) to Dec. 2023 ($221 Mil).

SP Plus's annual accounts payable & accrued expense increased from Dec. 2021 ($201 Mil) to Dec. 2022 ($224 Mil) but then declined from Dec. 2022 ($224 Mil) to Dec. 2023 ($221 Mil).

SP Plus Accounts Payable & Accrued Expense Historical Data

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

SP Plus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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208.00

178.50

200.50

224.40

221.00

SP Plus Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															224.40	249.10	254.30	271.60	221.00

SP Plus 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.

SP Plus (SP Plus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SP Plus Corp (NAS:SP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PZA:Germany

Address

200 East Randolph Street, Suite 7700, Chicago, IL, USA, 60601-7702

Website

https://www.spplus.com

SP Plus Corp Provides parking management, ground transportation, and other ancillary services to commercial, institutional, and municipal clients in urban markets and airports across the United States, Canada, and Puerto Rico. Its services include a comprehensive set of on-site parking management and ground transportation services, In addition, the company also provides a range of ancillary services such as airport and municipal shuttle operations, valet services, taxi and livery dispatch services, and municipal meter revenue collection and enforcement services. Its reportable segments are Commercial and Aviation. The company generates a majority of its revenue from the Commercial segment.

Executives

G Marc Baumann	officer: CFO, Treas & Pres of Urban Ops	900 NORTH MICHIGAN AVENUE SUITE 1600, CHICAGO IL 60611
Christopher R Sherman	officer: President, Commercial Division	C/O SP PLUS CORPORATION, 200 EAST RANDOLPH STREET, SUITE 7700, CHICAGO IL 60601
Robert Toy	officer: Executive VP, Operations	C/O STANDARD PARKING CORPORATION, 900 N. MICHIGAN AVENUE, CHICAGO IL 60611
John Ricchiuto	officer: Exec. VP, Airport Division	900 NORTH MICHIGAN AVENUE SUITE 1600, CHICAGO IL 60611
Gary T Roberts	officer: SVP, Corp. Cont., Asst. Treas.	C/O SP PLUS CORPORATION, 200 EAST RANDOLPH STREET, SUITE 7700, CHICAGO IL 60601
Diana L Sands	director	100 N RIVERSIDE PLAZA, M/C 5003-1001, CHICAGO IL 60606
Kristopher H Roy	officer: VP, Corporate Controller	C/O SP PLUS CORPORATION, 200 E. RANDOLPH STREET, SUITE 7700, CHICAGO IL 60601
Robert A Miles	officer: President, Bags	C/O SP PLUS CORPORATION, 200 E. RANDOLPH STREET, SUITE 7700, CHICAGO IL 60601
Gerard M Klaisle	officer: Exec. VP & Chief H.R. Officer
Ritu Vig	officer: Chief Legal Officer	C/O SP PLUS CORPORATION, 200 E. RANDOLPH ST., SUITE 7700, CHICAGO IL 60601
Thomas L Hagerman	officer: Exec. VP, Business Development	900 NORTH MICHIGAN SUITE 1600, CHICAGO IL 60611
Alice M Peterson	director	3333 BEVERLY RD B5-153A, HOFFMAN ESTTES IL 60179
Robert N Sacks	officer: Exec. VP, Gen. Counsel & Sec.	900 NORTH MICHIGAN AVENUE SUITE 1600, CHICAGO IL 60611
Robert S Roath	director	781 THIRD AVENUE, KING OF PRUSSIA PA 194061409
Kohlberg Cpc Rep, L.l.c.	director, 10 percent owner	C/O KOHLBERG & COMPANY, LLC, 111 RADIO CIRCLE, MT. KISCO NY 10549