Cineworld Group (LSE:CINE) Accounts Payable & Accrued Expense : £477 Mil (As of Jun. 2022)

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What is Cineworld Group Accounts Payable & Accrued Expense?

Cineworld Group's quarterly accounts payable & accrued expense declined from Jun. 2021 (£507 Mil) to Dec. 2021 (£158 Mil) but then increased from Dec. 2021 (£158 Mil) to Jun. 2022 (£477 Mil).

Cineworld Group's annual accounts payable & accrued expense increased from Dec. 2019 (£344 Mil) to Dec. 2020 (£372 Mil) but then declined from Dec. 2020 (£372 Mil) to Dec. 2021 (£158 Mil).

Cineworld Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cineworld 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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Cineworld Group Accounts Payable & Accrued Expense Chart

Cineworld Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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74.82

349.26

344.42

371.85

158.37

Cineworld Group Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															467.81	371.85	506.73	158.37	476.73

Cineworld 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.

Cineworld Group (LSE:CINE) Business Description

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Address

Great West Road, 8th Floor, Vantage London, Brentford, GBR, TW8 9AG

Website

https://www.cineworldplc.com

Cineworld Group PLC is a diversified media company, which operates chains of movie theaters. Its business segments are the U.S., U.K., & Ireland and the rest of the world (ROW). Within each segment, it operates theaters through different brands. In the U.S., Cineworld owns cinema brands Regal, United Artists, and Edwards theaters. They operate out of Cineworld and Picturehouse in the U.K. and Ireland. Cineworld also owns Cinema City in Central and Eastern Europe and Yes Planet and Rav-Chen in Israel for its ROW segment. The company generates revenue through ticket sales and food, beverage, and merchandise sales. It also earns additional revenue through retail and screen advertising and property market and development. The company generates most of its revenue in the U.S.

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