Rank Group (The) (LSE:RNK) Accounts Payable & Accrued Expense : £88.3 Mil (As of Jun. 2023)

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What is Rank Group (The) Accounts Payable & Accrued Expense?

Rank Group (The)'s quarterly accounts payable & accrued expense increased from Jun. 2022 (£101.8 Mil) to Dec. 2022 (£152.0 Mil) but then declined from Dec. 2022 (£152.0 Mil) to Jun. 2023 (£88.3 Mil).

Rank Group (The)'s annual accounts payable & accrued expense increased from Jun. 2021 (£89.5 Mil) to Jun. 2022 (£101.8 Mil) but then declined from Jun. 2022 (£101.8 Mil) to Jun. 2023 (£88.3 Mil).

Rank Group (The) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rank Group (The)'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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Rank Group (The) Accounts Payable & Accrued Expense Chart

Rank Group (The) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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116.80

110.10

89.50

101.80

88.30

Rank Group (The) Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															89.50	146.50	101.80	152.00	88.30

Rank Group (The) 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.

Rank Group (The) (LSE:RNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rank Group (The) PLC (LSE:RNK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RANKF:USA RNKl:UK RNKA:Germany

Address

TOR, Saint-Cloud Way, Maidenhead, GBR, SL6 8BN

Website

https://www.rank.com

Rank Group (The) PLC is a gambling company with five primary business segments: Grosvenor Venues, Mecca Venues, Digital, Enracha Venues, and Central Costs. Its largest revenue producer is Grosvenor Casinos, a multichannel casino operator in the United Kingdom, which operates a variety of casino and slot machine games. Mecca is a multichannel bingo chain that also operates in the U.K. Enracha is the company's gaming business, which operates in the Spanish market. Rank's digital business segment offers online sports betting and online poker. The company generates most of its revenue in the United Kingdom.

Rank Group (The) (LSE:RNK) Headlines

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