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Sims (SMUPF) Accounts Payable & Accrued Expense : $541 Mil (As of Dec. 2023)


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What is Sims Accounts Payable & Accrued Expense?

Sims's quarterly accounts payable & accrued expense increased from Dec. 2022 ($410 Mil) to Jun. 2023 ($562 Mil) but then declined from Jun. 2023 ($562 Mil) to Dec. 2023 ($541 Mil).

Sims's annual accounts payable & accrued expense increased from Jun. 2021 ($480 Mil) to Jun. 2022 ($508 Mil) and increased from Jun. 2022 ($508 Mil) to Jun. 2023 ($562 Mil).


Sims Accounts Payable & Accrued Expense Historical Data

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

Sims Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 372.22 254.87 480.12 507.52 562.48

Sims Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 418.53 507.52 410.05 562.48 540.83

Sims 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.


Sims (SMUPF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sims Ltd (OTCPK:SMUPF) » Definitions » Accounts Payable & Accrued Expense
Traded in Other Exchanges
Address
189 O’Riordan Street, Suite 2, Level 9, Mascot, Sydney, NSW, AUS, 2020
Sims Ltd was created from the 2008 merger of two metal-recycling companies: Australia's Sims Group and America's Metal Management. The company is publicly traded metal and electronics recycler, with roughly half of its revenue generated in North America and the balance split between Australasia and Europe. The company buys, processes and sells ferrous and non-ferrous discarded metals. The company's segment includes North America Metal, Australia/New Zealand Metal, Global Trading, Investment in SA Recycling, UK metal, and Sims Lifecycle Services. The company generates the majority revenue from North America Metal segment.