Tesco (TSCDY) Accounts Payable & Accrued Expense : $12,961 Mil (As of Feb. 2024)

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Tesco Accounts Payable & Accrued Expense Definition

Tesco's quarterly accounts payable & accrued expense increased from Feb. 2023 ($11,879 Mil) to Aug. 2023 ($13,530 Mil) but then declined from Aug. 2023 ($13,530 Mil) to Feb. 2024 ($12,961 Mil).

Tesco's annual accounts payable & accrued expense declined from Feb. 2022 ($12,438 Mil) to Feb. 2023 ($11,879 Mil) but then increased from Feb. 2023 ($11,879 Mil) to Feb. 2024 ($12,961 Mil).

Tesco Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tesco'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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Tesco Annual Data

Trend

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Feb24

Accounts Payable & Accrued Expense

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11,976.68

11,758.67

12,438.43

11,879.23

12,960.86

Tesco 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															12,438.43	11,767.67	11,879.23	13,529.86	12,960.86

Tesco 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.

Tesco (TSCDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tesco PLC (OTCPK:TSCDY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TSCDF:USA TSCOl:UK TSCO:UK TCO0:Germany TCO0:Germany TCO0:Germany TCO0:Germany

Address

Kestrel Way, Tesco House, Shire Park, Welwyn Garden, GBR, AL7 1GA

Website

https://www.tescoplc.com

Tesco is one of the largest food retailers in the world, operating thousands of stores in the United Kingdom, Ireland, and Europe. According to Kantar, Tesco is the market leader in the U.K. with a share of more than 27%, roughly double that of Asda or Sainsbury's. Tesco operates a core supermarket business in addition to convenience and neighborhood outlets. With a 35% digital market share in the U.K., the company holds a dominant position online. Tesco gained exposure to the cash-and-carry and out-of-home delivering industries with the landmark GBP 4 billion acquisition of Booker in 2018.