SysGroup (LSE:SYS) Accounts Payable & Accrued Expense : £2.73 Mil (As of Sep. 2024)

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What is SysGroup Accounts Payable & Accrued Expense?

SysGroup's quarterly accounts payable & accrued expense increased from Sep. 2023 (£3.28 Mil) to Mar. 2024 (£3.47 Mil) but then declined from Mar. 2024 (£3.47 Mil) to Sep. 2024 (£2.73 Mil).

SysGroup's annual accounts payable & accrued expense increased from Mar. 2022 (£1.80 Mil) to Mar. 2023 (£2.87 Mil) and increased from Mar. 2023 (£2.87 Mil) to Mar. 2024 (£3.47 Mil).

SysGroup Accounts Payable & Accrued Expense Historical Data

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

SysGroup Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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2.56

1.69

1.80

2.87

3.47

SysGroup Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.66	2.87	3.28	3.47	2.73

SysGroup 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.

SysGroup Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SysGroup PLC (LSE:SYS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SYS.GB:UK

Address

55 Spring Gardens, Manchester, GBR, M2 2BY

Website

https://www.sysgroup.com

SysGroup PLC provides Cloud Hosting, Managed Services, and IT consultancy to medium and large enterprises. The company's operating segment includes Managed IT Services and Value Added Resale (VAR). It generates maximum revenue from the Managed IT Services segment. Managed IT Services segment provides managed services to customers as well as professional services. The value-added resale (VAR) segment provides all forms of VAR sales where the business sells products and licenses from supplier partners. Geographically, it derives the majority of its revenue from the UK and has a presence in the Rest of the World. The company's brand includes Netplan; System Professional and Rockford.

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