Castings (CHIX:CGSL) Accounts Payable & Accrued Expense : £27.6 Mil (As of Sep. 2024)

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What is Castings Accounts Payable & Accrued Expense?

Castings's quarterly accounts payable & accrued expense declined from Sep. 2023 (£33.6 Mil) to Mar. 2024 (£27.1 Mil) but then increased from Mar. 2024 (£27.1 Mil) to Sep. 2024 (£27.6 Mil).

Castings's annual accounts payable & accrued expense increased from Mar. 2022 (£21.1 Mil) to Mar. 2023 (£28.2 Mil) but then declined from Mar. 2023 (£28.2 Mil) to Mar. 2024 (£27.1 Mil).

Castings Accounts Payable & Accrued Expense Historical Data

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

Castings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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14.15

18.07

21.10

28.17

27.05

Castings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															24.61	28.17	33.61	27.05	27.60

Castings 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.

Castings Business Description

Industry

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CGS:UK

Address

Lichfield Road, Brownhills, West Midlands, GBR, WS8 6JZ

Website

https://www.castings.plc.uk

Castings PLC is an iron casting and machining group based in the UK. The company's operating segment includes Foundry operations and Machining operations. It generates maximum revenue from the Foundry operations segment. Geographically, it derives a majority of its revenue from Sweden and also has a presence in the United Kingdom, Netherlands, Rest of Europe, North and South America, and Other Countries. It serves Commercial vehicles, Automotive, and Other sectors.

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