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Spirax-Sarco Engineering (Spirax-Sarco Engineering) Accounts Payable & Accrued Expense : $192 Mil (As of Dec. 2023)


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What is Spirax-Sarco Engineering Accounts Payable & Accrued Expense?

Spirax-Sarco Engineering's quarterly accounts payable & accrued expense increased from Dec. 2022 ($231 Mil) to Jun. 2023 ($326 Mil) but then declined from Jun. 2023 ($326 Mil) to Dec. 2023 ($192 Mil).

Spirax-Sarco Engineering's annual accounts payable & accrued expense increased from Dec. 2021 ($196 Mil) to Dec. 2022 ($231 Mil) but then declined from Dec. 2022 ($231 Mil) to Dec. 2023 ($192 Mil).


Spirax-Sarco Engineering Accounts Payable & Accrued Expense Historical Data

The historical data trend for Spirax-Sarco Engineering'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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Spirax-Sarco Engineering Accounts Payable & Accrued Expense Chart

Spirax-Sarco Engineering Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 167.76 152.55 195.88 230.94 191.65

Spirax-Sarco Engineering Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 195.88 319.21 230.94 325.51 191.65

Spirax-Sarco Engineering 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.


Spirax-Sarco Engineering (Spirax-Sarco Engineering) Business Description

Traded in Other Exchanges
Address
Cirencester Road, Charlton House, Cheltenham, Gloucestershire, GBR, GL53 8ER
Spirax-Sarco is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax-Sarco has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.

Spirax-Sarco Engineering (Spirax-Sarco Engineering) Headlines