Springfield Properties (LSE:SPR) Accounts Payable & Accrued Expense : £33.9 Mil (As of Nov. 2023)

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What is Springfield Properties Accounts Payable & Accrued Expense?

Springfield Properties's quarterly accounts payable & accrued expense declined from Nov. 2022 (£63.0 Mil) to May. 2023 (£37.8 Mil) and declined from May. 2023 (£37.8 Mil) to Nov. 2023 (£33.9 Mil).

Springfield Properties's annual accounts payable & accrued expense increased from May. 2021 (£28.5 Mil) to May. 2022 (£43.1 Mil) but then declined from May. 2022 (£43.1 Mil) to May. 2023 (£37.8 Mil).

Springfield Properties Accounts Payable & Accrued Expense Historical Data

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

Springfield Properties Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

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28.13

7.45

28.45

43.05

37.83

Springfield Properties Semi-Annual Data
	May15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												58.00	43.05	62.95	37.83	33.89

Springfield Properties 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.

Springfield Properties (LSE:SPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Springfield Properties PLC (LSE:SPR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

9MZ:Germany

Address

8 Southfield Drive, Alexander Fleming House, Elgin, Morayshire, GBR, IV30 6GR

Website

https://www.thespringfieldgroup.co.uk

Springfield Properties PLC is a housebuilder focused on developing a mix of private and affordable housing in Scotland. The group primarily focuses on sourcing land for private housing in areas with high growth potential and progressing those developments through the planning process. It has one segment that is Housing building activity in the United Kingdom. It earns revenue from private residential properties, affordable housing, contact housing and others.