GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Persimmon PLC (LSE:PSN) » Definitions » Accounts Payable & Accrued Expense

Persimmon (LSE:PSN) Accounts Payable & Accrued Expense : £584 Mil (As of Dec. 2023)


View and export this data going back to 1985. Start your Free Trial

What is Persimmon Accounts Payable & Accrued Expense?

Persimmon's quarterly accounts payable & accrued expense increased from Dec. 2022 (£693 Mil) to Jun. 2023 (£767 Mil) but then declined from Jun. 2023 (£767 Mil) to Dec. 2023 (£584 Mil).

Persimmon's annual accounts payable & accrued expense increased from Dec. 2021 (£493 Mil) to Dec. 2022 (£693 Mil) but then declined from Dec. 2022 (£693 Mil) to Dec. 2023 (£584 Mil).


Persimmon Accounts Payable & Accrued Expense Historical Data

The historical data trend for Persimmon'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.

* Premium members only.

Persimmon Accounts Payable & Accrued Expense Chart

Persimmon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 615.10 415.70 493.20 693.40 583.70

Persimmon 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 493.20 863.60 693.40 767.10 583.70

Persimmon 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.


Persimmon (LSE:PSN) Business Description

Traded in Other Exchanges
Address
Persimmon House, Fulford, York, GBR, YO19 4FE
Persimmon is the U.K.'s second largest residential property developer by revenue and dwelling completions, marketing homes under its three brands: Persimmon Homes, Charles Church, and Westbury Partnerships. Persimmon largely caters to the lower-priced segment of the newbuild market, attracting more first-time homebuyers than any of its peer homebuilders. Aligning with the typical business model employed by U.K. homebuilders, Persimmon is a vertically integrated speculative homebuilder.