Sodexo (Sodexo) Accounts Payable & Accrued Expense : $3,409 Mil (As of Feb. 2024)

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What is Sodexo Accounts Payable & Accrued Expense?

Sodexo's quarterly accounts payable & accrued expense declined from Feb. 2023 ($3,662 Mil) to Aug. 2023 ($3,308 Mil) but then increased from Aug. 2023 ($3,308 Mil) to Feb. 2024 ($3,409 Mil).

Sodexo's annual accounts payable & accrued expense increased from Aug. 2021 ($3,362 Mil) to Aug. 2022 ($3,437 Mil) but then declined from Aug. 2022 ($3,437 Mil) to Aug. 2023 ($3,308 Mil).

Sodexo Accounts Payable & Accrued Expense Historical Data

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

Sodexo Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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3,546.16

3,082.84

3,362.35

3,436.68

3,307.53

Sodexo Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,422.25	3,436.68	3,661.67	3,307.53	3,408.85

Sodexo 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.

Sodexo (Sodexo) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SDXOF:USA SWp:UK 0J3F:UK SW:France SJ7:Germany

Address

255 Quai de la Bataille de Stalingrad, Issy-les-Moulineaux (Hauts-de-Seine), Cedex 9, Paris, FRA, 92130

Website

http://www.sodexo.com

Sodexo is one of the largest food service companies globally, operating in more than 80 countries with annual sales of over EUR 21 billion. Sodexo's model stems from operating on-premise catering facilities, rather than centralised industrial kitchens. While food services remains the largest business segment (58% of revenue in 2022), the company has actively pursued a strategy of diversifying its business activities into other areas, such as facilities-management services, which now represents 38% of group revenue.

Sodexo (Sodexo) Headlines

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