Mr Price Group (JSE:MRP) Accounts Payable & Accrued Expense : R5,721 Mil (As of Sep. 2023)

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What is Mr Price Group Accounts Payable & Accrued Expense?

Mr Price Group's quarterly accounts payable & accrued expense increased from Sep. 2022 (R3,161 Mil) to Mar. 2023 (R5,189 Mil) and increased from Mar. 2023 (R5,189 Mil) to Sep. 2023 (R5,721 Mil).

Mr Price Group's annual accounts payable & accrued expense increased from Mar. 2021 (R2,731 Mil) to Mar. 2022 (R2,967 Mil) and increased from Mar. 2022 (R2,967 Mil) to Mar. 2023 (R5,189 Mil).

Mr Price Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mr Price Group'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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Mr Price Group Accounts Payable & Accrued Expense Chart

Mr Price Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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1,969.00

2,668.00

2,731.00

2,967.00

5,189.00

Mr Price Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,655.00	2,967.00	3,161.00	5,189.00	5,721.00

Mr Price Group 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.

Mr Price Group (JSE:MRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mr Price Group Ltd (JSE:MRP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MRPLY:USA

Address

65 Masabalala Yengwa Avenue, Upper Level Durban Station Complex, Stamford Hill, North Concourse, Durban, NL, ZAF, 4001

Website

https://www.mrpricegroup.com

Mr Price Group Ltd is a retailer that sells proprietary-branded apparel and home goods through more than a thousand stores and online channels. It operates almost exclusively in Africa, with the vast majority of sales coming from South Africa. Its stores are concept-specific: mrp, the company's primary store, sells clothes, shoes, and accessories targeting young men and women; mrpSport stores sell sports apparel, equipment, footwear, and accessories; Miladys sells clothing for family-oriented women; mrpHome sells homeware and furniture, and Sheet Street sells home textile and decor products.

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