Associated British Foods (LSE:ABF) Accounts Payable & Accrued Expense : £2,894 Mil (As of Feb. 2024)

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What is Associated British Foods Accounts Payable & Accrued Expense?

Associated British Foods's quarterly accounts payable & accrued expense declined from Feb. 2023 (£3,032 Mil) to Aug. 2023 (£1,791 Mil) but then increased from Aug. 2023 (£1,791 Mil) to Feb. 2024 (£2,894 Mil).

Associated British Foods's annual accounts payable & accrued expense increased from Aug. 2021 (£1,561 Mil) to Aug. 2022 (£1,999 Mil) but then declined from Aug. 2022 (£1,999 Mil) to Aug. 2023 (£1,791 Mil).

Associated British Foods Accounts Payable & Accrued Expense Historical Data

The historical data trend for Associated British Foods'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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Associated British Foods Accounts Payable & Accrued Expense Chart

Associated British Foods Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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1,696.00

1,544.00

1,561.00

1,999.00

1,791.00

Associated British Foods Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,618.00	1,999.00	3,032.00	1,791.00	2,894.00

Associated British Foods 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.

Associated British Foods (LSE:ABF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Associated British Foods PLC (LSE:ABF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ASBFY:USA ASBFF:USA ABFl:UK AFO1:Germany

Address

10 Grosvenor Street, Weston Centre, London, GBR, W1K 4QY

Website

https://www.abf.co.uk

Associated British Foods is a diversified international retail, food, and ingredients group with 130,000 employees and operations in 50 countries across Europe, southern Africa, the Americas, Asia, and Australia. The group sells branded grocery products, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the popular Primark clothing retail chain. It also supplies ingredients like baker's yeast, enzymes, lipids, and cereal specialities. Some 40% of sales are in the U.K., and Primark generates more than half of the firm's operating profit.

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