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ASOS (LSE:ASC) Accounts Payable & Accrued Expense : £246 Mil (As of Feb. 2024)


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What is ASOS Accounts Payable & Accrued Expense?

ASOS's quarterly accounts payable & accrued expense declined from Feb. 2023 (£448 Mil) to Aug. 2023 (£281 Mil) and declined from Aug. 2023 (£281 Mil) to Feb. 2024 (£246 Mil).

ASOS's annual accounts payable & accrued expense declined from Aug. 2021 (£642 Mil) to Aug. 2022 (£390 Mil) and declined from Aug. 2022 (£390 Mil) to Aug. 2023 (£281 Mil).


ASOS Accounts Payable & Accrued Expense Historical Data

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

ASOS Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 398.70 502.30 642.10 389.90 281.40

ASOS 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 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 927.00 389.90 448.40 281.40 246.30

ASOS 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.


ASOS (LSE:ASC) Business Description

Industry
Traded in Other Exchanges
Address
Hampstead Road, Greater London House, London, GBR, NW1 7FB
Asos is a global e-commerce player focusing on fashion and cosmetics and targeting the youth segment (20-somethings) globally. Of its revenue, 45% comes from its U.K. home market, 30% from other European Union countries, 13% from the United States, 12% from the rest of the world. The company ships to 240 countries from its three warehouses located in the U.K., continental Europe, and the United States. It offers over 85 000 products on its website from third-party brands and its own labels (Asos Design, Collusion).