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Ferguson (LSE:FERG) Accounts Payable & Accrued Expense : £2,349 Mil (As of Jan. 2024)


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What is Ferguson Accounts Payable & Accrued Expense?

Ferguson's quarterly accounts payable & accrued expense increased from Jul. 2023 (£2,645 Mil) to Oct. 2023 (£2,919 Mil) but then declined from Oct. 2023 (£2,919 Mil) to Jan. 2024 (£2,349 Mil).

Ferguson's annual accounts payable & accrued expense increased from Jul. 2021 (£2,194 Mil) to Jul. 2022 (£3,008 Mil) but then declined from Jul. 2022 (£3,008 Mil) to Jul. 2023 (£2,645 Mil).


Ferguson Accounts Payable & Accrued Expense Historical Data

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

Ferguson Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,701.29 2,657.70 2,193.72 3,008.24 2,644.61

Ferguson Quarterly Data
Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2,705.09 2,770.35 2,644.61 2,918.66 2,349.20

Ferguson 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.


Ferguson (LSE:FERG) Business Description

Industry
Traded in Other Exchanges
Address
1020 Eskdale Road, Winnersh Triangle, Wokingham, Berkshire, GBR, RG41 5TS
Ferguson distributes plumbing and HVAC products primarily to repair, maintenance and improvement, new construction, and civil infrastructure markets. It serves over 1 million customers and sources products from 37,000 suppliers. Ferguson engages customers through approximately 1,700 North American branches, over the phone, online, and in residential showrooms. In fiscal 2023, Ferguson derived 95% of its nearly $30 billion of sales in the U.S. According to Modern Distribution Management, Ferguson is the largest industrial and construction distributor in North America. The firm sold its U.K. business in 2021 and is now solely focused on the North American market.

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