MITIE Group (LSE:MTO) Accounts Payable & Accrued Expense : £858 Mil (As of Sep. 2023)

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What is MITIE Group Accounts Payable & Accrued Expense?

MITIE Group's quarterly accounts payable & accrued expense increased from Sep. 2022 (£800 Mil) to Mar. 2023 (£900 Mil) but then declined from Mar. 2023 (£900 Mil) to Sep. 2023 (£858 Mil).

MITIE Group's annual accounts payable & accrued expense increased from Mar. 2021 (£706 Mil) to Mar. 2022 (£845 Mil) and increased from Mar. 2022 (£845 Mil) to Mar. 2023 (£900 Mil).

MITIE Group Accounts Payable & Accrued Expense Historical Data

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

MITIE Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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534.20

513.40

705.60

845.30

900.30

MITIE Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															762.40	845.30	799.70	900.30	857.70

MITIE 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.

MITIE Group (LSE:MTO) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MITIE Group PLC (LSE:MTO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

MITFY:USA MITFF:USA MTOl:UK MZ4:Germany

Address

32 London Bridge Street, The Shard, Level 12, Southwark, London, GBR, SE1 9SG

Website

https://www.mitie.com

MITIE Group PLC is a U.K.-based company. The company has five reportable segments: Technical services, Business services, care, and custody, Landscapes, Waste, Communities, Specialist Services, and Spain. Through these segments, the company provides facilities management, consultancy, and security services. The company generates the majority of its revenue from the technical services and business services segments. Geographically, the company generates a majority of its revenue from the United Kingdom.

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