Spin Master (TSX:TOY) Accounts Payable & Accrued Expense : C$526 Mil (As of Dec. 2023)

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What is Spin Master Accounts Payable & Accrued Expense?

Spin Master's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$442 Mil) to Sep. 2023 (C$605 Mil) but then declined from Sep. 2023 (C$605 Mil) to Dec. 2023 (C$526 Mil).

Spin Master's annual accounts payable & accrued expense declined from Dec. 2021 (C$656 Mil) to Dec. 2022 (C$501 Mil) but then increased from Dec. 2022 (C$501 Mil) to Dec. 2023 (C$526 Mil).

Spin Master Accounts Payable & Accrued Expense Historical Data

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

Spin Master Annual Data

Trend

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Accounts Payable & Accrued Expense

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461.05

429.74

656.13

501.42

525.91

Spin Master Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															501.42	330.86	441.63	605.38	525.91

Spin Master 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.

Spin Master (TSX:TOY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Spin Master Corp (TSX:TOY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SNMSF:USA SP9:Germany SP9:Germany

Address

225 King Street West, Suite 200, Toronto, ON, CAN, M5V 3M2

Website

https://www.spinmaster.com

Spin Master is a children's entertainment company operating in the just over $100 billion global toy industry. The company creates, designs, manufactures, and markets a portfolio of products, brands, and entertainment properties across four key categories (outdoor, wheels & action, preschool and dolls & interactive, and activities, games and puzzles and plush). Spin Master has increased brand awareness via homegrown brands including Paw Patrol, Rusty Rivets, and Bakugan but has leaned on a robust acquisition strategy to reach adjacent markets through tie-ups like Rubik's, Swimways, and Melissa & Doug (which is set to come on board in 2024). The company has global reach, with more than 30 offices in nearly 20 countries and sales in over 100 markets.

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