Wickes Group (LSE:WIX) Accounts Payable & Accrued Expense : £150 Mil (As of Dec. 2023)

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What is Wickes Group Accounts Payable & Accrued Expense?

Wickes Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (£148 Mil) to Jun. 2023 (£313 Mil) but then declined from Jun. 2023 (£313 Mil) to Dec. 2023 (£150 Mil).

Wickes Group's annual accounts payable & accrued expense increased from Dec. 2021 (£137 Mil) to Dec. 2022 (£148 Mil) and increased from Dec. 2022 (£148 Mil) to Dec. 2023 (£150 Mil).

Wickes Group Accounts Payable & Accrued Expense Historical Data

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

Wickes Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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175.00

182.80

136.80

148.20

149.60

Wickes Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					136.80	306.20	148.20	313.20	149.60

Wickes 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.

Wickes Group (LSE:WIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wickes Group PLC (LSE:WIX) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

WIXl:UK

Address

19 Colonial Way, Vision House, Watford, GBR, WD24 4JL

Website

https://www.wickesplc.co.uk

Wickes Group PLC is a digitally-led, service-enabled home improvement retailer, delivering choice, convenience, value service to customers across the United Kingdom. Its three key customers include the Local Trade, DIY and Do It For Me (DIFM). The company operates from its network of 232 right-sized stores, which support nationwide fulfilment from convenient locations throughout the United Kingdom, and through its digital channels including its website, TradePro mobile app for trade members and its DIY app. These digital channels allow customers to research and order an extended range of its products and services and arrange virtual and in-person design consultations. The company has a single operating segment.