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Tesco (XSWX:TSCO) Accounts Payable & Accrued Expense : CHF11,368 Mil (As of Feb. 2024)


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What is Tesco Accounts Payable & Accrued Expense?

Tesco's quarterly accounts payable & accrued expense increased from Feb. 2023 (CHF10,935 Mil) to Aug. 2023 (CHF11,883 Mil) but then declined from Aug. 2023 (CHF11,883 Mil) to Feb. 2024 (CHF11,368 Mil).

Tesco's annual accounts payable & accrued expense declined from Feb. 2022 (CHF11,302 Mil) to Feb. 2023 (CHF10,935 Mil) but then increased from Feb. 2023 (CHF10,935 Mil) to Feb. 2024 (CHF11,368 Mil).


Tesco Accounts Payable & Accrued Expense Historical Data

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

Tesco Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,691.64 10,558.11 11,302.12 10,935.17 11,367.97

Tesco 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 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 11,302.12 11,266.36 10,935.17 11,883.28 11,367.97

Tesco 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.


Tesco (XSWX:TSCO) Business Description

Industry
Address
Kestrel Way, Tesco House, Shire Park, Welwyn Garden, GBR, AL7 1GA
Tesco is one of the largest food retailers in the world, operating thousands of stores in the United Kingdom, Ireland, and Europe. According to Kantar, Tesco is the market leader in the U.K. with a share of more than 27%, roughly double that of Asda or Sainsbury's. Tesco operates a core supermarket business in addition to convenience and neighborhood outlets. With a 35% digital market share in the U.K., the company holds a dominant position online. Tesco gained exposure to the cash-and-carry and out-of-home delivering industries with the landmark GBP 4 billion acquisition of Booker in 2018.