Sureserve Group (LSE:SUR) Accounts Payable & Accrued Expense : £57.6 Mil (As of Mar. 2023)

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What is Sureserve Group Accounts Payable & Accrued Expense?

Sureserve Group's quarterly accounts payable & accrued expense declined from Mar. 2022 (£54.4 Mil) to Sep. 2022 (£41.5 Mil) but then increased from Sep. 2022 (£41.5 Mil) to Mar. 2023 (£57.6 Mil).

Sureserve Group's annual accounts payable & accrued expense increased from Sep. 2020 (£33.0 Mil) to Sep. 2021 (£35.7 Mil) and increased from Sep. 2021 (£35.7 Mil) to Sep. 2022 (£41.5 Mil).

Sureserve Group Accounts Payable & Accrued Expense Historical Data

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

Sureserve Group Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Accounts Payable & Accrued Expense

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31.42

28.73

33.00

35.69

41.52

Sureserve Group Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															45.33	35.69	54.40	41.52	57.58

Sureserve 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.

Sureserve Group (LSE:SUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sureserve Group PLC (LSE:SUR) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Crossways Business Park, Crossways Point 15, Victory Way, Dartford, Kent, GBR, DA2 6DT

Website

https://www.sureservegroup.co.uk

Sureserve Group PLC is a compliance and energy support services group that performs critical functions in homes, and public and commercial buildings, with a focus on clients in the UK public sector and regulated markets. Its services are delivered through two divisions: Compliance and Energy Services. The Compliance segment is focused on gas, fire, electrics, air, water, and lifts where it contracts under framework agreements. The Energy Services offers services in the energy efficiency sector, including external, internal, and cavity wall insulation, loft insulation, gas central heating, boiler upgrades, and other renewable technologies. All revenue and profit of the company are derived from operations in the United Kingdom.

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