HSS Hire Group (LSE:HSS) Accounts Payable & Accrued Expense : £57.1 Mil (As of Jun. 2024)

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What is HSS Hire Group Accounts Payable & Accrued Expense?

HSS Hire Group's quarterly accounts payable & accrued expense increased from Jun. 2023 (£50.0 Mil) to Dec. 2023 (£56.8 Mil) and increased from Dec. 2023 (£56.8 Mil) to Jun. 2024 (£57.1 Mil).

HSS Hire Group's annual accounts payable & accrued expense declined from Dec. 2021 (£50.1 Mil) to Dec. 2022 (£49.2 Mil) but then increased from Dec. 2022 (£49.2 Mil) to Dec. 2023 (£56.8 Mil).

HSS Hire Group Accounts Payable & Accrued Expense Historical Data

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

HSS Hire Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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43.45

34.81

50.11

49.25

56.78

HSS Hire Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															48.43	49.25	50.03	56.78	57.05

HSS Hire 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.

HSS Hire Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » HSS Hire Group PLC (LSE:HSS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Mosley Road, Building 2, Think Park, Manchester, GBR, M17 1FQ76

Website

https://www.hsshiregroup.com

HSS Hire Group PLC operates in the United Kingdom based rental and leasing industry and is a leader in the equipment hire market. The company's business focuses on supplying equipment and services to the fit-out, maintain and operate sectors of the market. The company operates in two main segments it includes Service and Operations. The Service Segment runs a digital marketplace connecting customers and suppliers, boasting scalability, tech-driven operations, and specialized training services. On the other hand, the Operations Segment manages fulfillment and power generation, with a strong emphasis on health, safety, and quality standards.

HSS Hire Group Headlines

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