Paragon Banking Group (LSE:PAG) Accounts Payable & Accrued Expense : £193.9 Mil (As of Sep. 2023)

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What is Paragon Banking Group Accounts Payable & Accrued Expense?

Paragon Banking Group's quarterly accounts payable & accrued expense increased from Sep. 2022 (£59.6 Mil) to Mar. 2023 (£119.9 Mil) and increased from Mar. 2023 (£119.9 Mil) to Sep. 2023 (£193.9 Mil).

Paragon Banking Group's annual accounts payable & accrued expense increased from Sep. 2021 (£37.0 Mil) to Sep. 2022 (£59.6 Mil) and increased from Sep. 2022 (£59.6 Mil) to Sep. 2023 (£193.9 Mil).

Paragon Banking Group Accounts Payable & Accrued Expense Historical Data

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

Paragon Banking Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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70.80

48.40

37.00

59.60

193.90

Paragon Banking 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															37.00	-	59.60	119.90	193.90

Paragon Banking 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.

Paragon Banking Group (LSE:PAG) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Paragon Banking Group PLC (LSE:PAG) » Definitions » Accounts Payable & Accrued Expense

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PAGl:UK

Address

51 Homer Road, Solihull, West Midlands, GBR, B91 3QJ

Website

https://www.paragonbankinggroup.co.uk

Paragon Banking Group PLC, is a specialty finance company that provides diversified banking services to clients. The company operates two core businesses: Mortgages Lending and Commercial Lending. The Mortgages Lending includes the Group's buy-to-let, and owner-occupied first and second charge lending and related activities. Commercial Lending, includes the Group's equipment and motor finance leasing activities, together with development finance, structured lending and other offerings targeted towards SME customers.