PACS Group (PACS Group) Accounts Payable & Accrued Expense : $401.1 Mil (As of Mar. 2024)

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What is PACS Group Accounts Payable & Accrued Expense?

PACS Group's quarterly accounts payable & accrued expense increased from Mar. 2023 ($0.0 Mil) to Dec. 2023 ($329.7 Mil) and increased from Dec. 2023 ($329.7 Mil) to Mar. 2024 ($401.1 Mil).

PACS Group's annual accounts payable & accrued expense increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($301.4 Mil) and increased from Dec. 2022 ($301.4 Mil) to Dec. 2023 ($329.7 Mil).

PACS Group Accounts Payable & Accrued Expense Historical Data

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

PACS Group Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

301.43

329.72

PACS Group Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Accounts Payable & Accrued Expense	-	301.43	-	329.72	401.09

PACS 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.

PACS Group (PACS Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » PACS Group Inc (NYSE:PACS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

262 N. University Avenue, Farmington, UT, USA, 84025

Website

https://www.pacs.com

PACS Group Inc is a post-acute healthcare company primarily focused on delivering high-quality skilled nursing care through a portfolio of independently operated facilities Its is a nursing providers in the United States based on number of facilities, with over 200 post-acute care facilities across nine states serving over 20,000 patients daily. It also provide senior care, assisted living, and independent living options in some of communities.

PACS Group (PACS Group) Headlines

From GuruFocus

PACS Group, Inc. Announces Pricing of Its Upsized Initial Public Offering

By Business Wire • 04-11-2024