Greggs (LSE:GRG) Accounts Payable & Accrued Expense : £164 Mil (As of Dec. 2023)

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What is Greggs Accounts Payable & Accrued Expense?

Greggs's quarterly accounts payable & accrued expense increased from Dec. 2022 (£158 Mil) to Jun. 2023 (£181 Mil) but then declined from Jun. 2023 (£181 Mil) to Dec. 2023 (£164 Mil).

Greggs's annual accounts payable & accrued expense increased from Dec. 2021 (£130 Mil) to Dec. 2022 (£158 Mil) and increased from Dec. 2022 (£158 Mil) to Dec. 2023 (£164 Mil).

Greggs Accounts Payable & Accrued Expense Historical Data

The historical data trend for Greggs'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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Greggs Accounts Payable & Accrued Expense Chart

Greggs Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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119.30

73.00

129.50

158.30

164.00

Greggs 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															129.50	154.90	158.30	180.90	164.00

Greggs 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.

Greggs (LSE:GRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Greggs PLC (LSE:GRG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GGGSY:USA GRGl:UK 41G1:Germany

Address

Greggs House, Quorum Business Park, Newcastle upon Tyne, GBR, NE12 8BU

Website

https://www.greggs.co.uk

Greggs PLC is a U.K.-based company that is principally engaged in manufacturing, distributing, and retailing bakery goods, sandwiches, and drinks under the Greggs brand. The company focuses on the food-on-the-go market. It has a vertically integrated supply network, with its bakeries & delivery network. Greggs operates in two segments: Company-managed retail activities and B2B channels. Its shops are located in retail & industrial parks, motorway service stations, and travel hubs, to meet the demands of busy customers. The company generates all its revenue from the United Kingdom.

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