Serco Group (LSE:SRP) Accounts Payable & Accrued Expense : £258 Mil (As of Dec. 2023)

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What is Serco Group Accounts Payable & Accrued Expense?

Serco Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (£302 Mil) to Jun. 2023 (£561 Mil) but then declined from Jun. 2023 (£561 Mil) to Dec. 2023 (£258 Mil).

Serco Group's annual accounts payable & accrued expense increased from Dec. 2021 (£230 Mil) to Dec. 2022 (£302 Mil) but then declined from Dec. 2022 (£302 Mil) to Dec. 2023 (£258 Mil).

Serco Group Accounts Payable & Accrued Expense Historical Data

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

Serco Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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214.10

255.70

230.10

301.70

257.70

Serco Group 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															230.10	572.90	301.70	561.40	257.70

Serco 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.

Serco Group (LSE:SRP) Business Description

Industry

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Traded in Other Exchanges

SECCF:USA SCGPY:USA SRPl:UK SEO:Germany

Address

16 Bartley Wood Business Park, Serco House, Bartley Way, Hook, Hampshire, GBR, RG27 9UY

Website

https://www.serco.com

Serco Group PLC helps governments and public-sector bodies deliver public services. The company generates revenue from four divisions. The U.K. & Europe local and regional government division provides hospital management welfare, business support operations, and defense services in the U.K. and Europe. The Americas division provides professional, defense, technology, and management services to U.S. and Canadian governments. The Asia-Pacific segment provides frontline services, defense, citizen services in Australia, New Zealand, and Hong Kong. The Middle East division provides transport, defense, and health services in the Middle East. The company generates most of its revenue from the U.K. & Europe division.

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