Scentre Group (ASX:SCG) Accounts Payable & Accrued Expense : A$1,080 Mil (As of Dec. 2023)

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What is Scentre Group Accounts Payable & Accrued Expense?

Scentre Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$1,163 Mil) to Jun. 2023 (A$1,095 Mil) and declined from Jun. 2023 (A$1,095 Mil) to Dec. 2023 (A$1,080 Mil).

Scentre Group's annual accounts payable & accrued expense increased from Dec. 2021 (A$1,059 Mil) to Dec. 2022 (A$1,163 Mil) but then declined from Dec. 2022 (A$1,163 Mil) to Dec. 2023 (A$1,080 Mil).

Scentre Group Accounts Payable & Accrued Expense Historical Data

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

Scentre Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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979.50

1,047.10

1,058.50

1,163.40

1,080.10

Scentre Group 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															1,058.50	1,066.90	1,163.40	1,095.30	1,080.10

Scentre 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.

Scentre Group (ASX:SCG) Business Description

Industry

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STGPF:USA

Address

85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000

Website

https://www.scentregroup.com

Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning most of the top 10 Australian and top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants. About a third of floor space is currently allocated to department stores, however we expect tenants to return a reasonable portion of that space over the next decade, or alternatively, department store rent to be renegotiated to lower levels. While almost every Scentre mall is anchored by at least one supermarket, these tenants accounts for less than 10% of gross lettable area, due to the large size of Scentre's assets.