Mitchells & Butlers (LSE:MAB) Accounts Payable & Accrued Expense : £224 Mil (As of Sep. 2023)

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What is Mitchells & Butlers Accounts Payable & Accrued Expense?

Mitchells & Butlers's quarterly accounts payable & accrued expense increased from Sep. 2022 (£213 Mil) to Mar. 2023 (£458 Mil) but then declined from Mar. 2023 (£458 Mil) to Sep. 2023 (£224 Mil).

Mitchells & Butlers's annual accounts payable & accrued expense increased from Sep. 2021 (£164 Mil) to Sep. 2022 (£213 Mil) and increased from Sep. 2022 (£213 Mil) to Sep. 2023 (£224 Mil).

Mitchells & Butlers Accounts Payable & Accrued Expense Historical Data

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

Mitchells & Butlers Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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203.00

165.00

164.00

213.00

224.00

Mitchells & Butlers 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															164.00	352.00	213.00	458.00	224.00

Mitchells & Butlers 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.

Mitchells & Butlers (LSE:MAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Mitchells & Butlers PLC (LSE:MAB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MABl:UK MABB:Germany

Address

27 Fleet Street, Birmingham, GBR, B3 1JP

Website

https://www.mbplc.com

Mitchells & Butlers PLC operates more than 1,500 restaurants and pubs, predominantly in the United Kingdom. Total revenue is split roughly evenly between food sales and beverage sales. The company's brands include All Bar One, Alex, Harvester, Toby Carvery, Browns, Vintage Inns, Castle, Sizzling Pubs, and Miller & Carter. Nearly a quarter of Mitchells & Butlers' total sales are generated in London, and its only locations outside the United Kingdom are in Germany.