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GSK (GSK) Accounts Payable & Accrued Expense

: $5,776 Mil (As of Dec. 2023)
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GSK's quarterly accounts payable & accrued expense increased from Jun. 2023 ($18,302 Mil) to Sep. 2023 ($19,639 Mil) but then declined from Sep. 2023 ($19,639 Mil) to Dec. 2023 ($5,776 Mil).

GSK's annual accounts payable & accrued expense declined from Dec. 2021 ($7,370 Mil) to Dec. 2022 ($5,792 Mil) and declined from Dec. 2022 ($5,792 Mil) to Dec. 2023 ($5,776 Mil).


GSK Accounts Payable & Accrued Expense Historical Data

The historical data trend for GSK'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.

* Premium members only.

GSK Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,930.54 7,138.44 7,369.68 5,791.72 5,775.95

GSK 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 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 Premium Member Only Premium Member Only Premium Member Only 5,791.72 17,830.10 18,301.77 19,638.61 5,775.95

GSK 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.


GSK (GSK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » GSK PLC (NYSE:GSK) » Definitions » Accounts Payable & Accrued Expense
Address
980 Great West Road, Brentford, Middlesex, GBR, TW8 9GS
In the pharmaceutical industry, GSK ranks as one of the largest companies by total sales. The company wields its might across several therapeutic classes, including respiratory, cancer, and antiviral, as well as vaccines. GSK uses joint ventures to gain additional scale in certain markets like HIV.