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Pearson (FRA:PES) Accounts Payable & Accrued Expense : €1,242 Mil (As of Jun. 2024)


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What is Pearson Accounts Payable & Accrued Expense?

Pearson's quarterly accounts payable & accrued expense declined from Jun. 2023 (€1,220 Mil) to Dec. 2023 (€410 Mil) but then increased from Dec. 2023 (€410 Mil) to Jun. 2024 (€1,242 Mil).

Pearson's annual accounts payable & accrued expense declined from Dec. 2021 (€610 Mil) to Dec. 2022 (€461 Mil) and declined from Dec. 2022 (€461 Mil) to Dec. 2023 (€410 Mil).


Pearson Accounts Payable & Accrued Expense Historical Data

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

Pearson Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 535.52 520.38 609.61 461.08 409.75

Pearson Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,472.59 461.08 1,220.18 409.75 1,242.21

Pearson 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.


Pearson Business Description

Traded in Other Exchanges
Address
80 Strand, London, GBR, WC2R 0RL
U.K.-listed Pearson is the world's largest educational provider. The company has been disposing of noncore businesses such as the Financial Times, The Economist, and publishing house Penguin, and is now focused on being an educational resource and testing provider. While Pearson's primary activity centres on higher-level education, the firm also has significant operations in providing clinical assessments, professional certification and testing.

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