Pick N Pay Stores (FRA:PIK) Accounts Payable & Accrued Expense : €753 Mil (As of Feb. 2024)

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What is Pick N Pay Stores Accounts Payable & Accrued Expense?

Pick N Pay Stores's quarterly accounts payable & accrued expense increased from Feb. 2023 (€779 Mil) to Aug. 2023 (€803 Mil) but then declined from Aug. 2023 (€803 Mil) to Feb. 2024 (€753 Mil).

Pick N Pay Stores's annual accounts payable & accrued expense increased from Feb. 2022 (€767 Mil) to Feb. 2023 (€779 Mil) but then declined from Feb. 2023 (€779 Mil) to Feb. 2024 (€753 Mil).

Pick N Pay Stores Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pick N Pay Stores'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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Pick N Pay Stores Accounts Payable & Accrued Expense Chart

Pick N Pay Stores Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Accounts Payable & Accrued Expense

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689.87

694.85

767.48

778.78

753.47

Pick N Pay Stores 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															767.48	828.05	778.78	802.56	753.47

Pick N Pay Stores 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.

Pick N Pay Stores (FRA:PIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pick N Pay Stores Ltd (FRA:PIK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PIK:South Africa PKPYY:USA PIK:Germany

Address

101 Rosmead Avenue, Pick n Pay Office Park, Kenilworth, Cape Town, WC, ZAF, 7708

Website

https://www.pnp.co.za

Pick N Pay Stores Ltd is a South African multiformat and multichannel retailer. The company operates in South Africa, Namibia, Botswana, Zambia, Mozambique, Mauritius, Swaziland, and Lesotho. The company offers food and groceries, clothing, general merchandise, and services across multiple store formats, both franchised and owned. The customer base is mainly represented by middle-income South African consumer. The portfolio of stores is composed of supermarkets, hypermarkets, local shops, express shops, clothing shops, liquor stores, pharmacies, and an Internet shopping platform.