Spar Group (Spar Group) Accounts Payable & Accrued Expense : $1,098 Mil (As of Sep. 2023)

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What is Spar Group Accounts Payable & Accrued Expense?

Spar Group's quarterly accounts payable & accrued expense increased from Sep. 2022 ($1,014 Mil) to Mar. 2023 ($1,119 Mil) but then declined from Mar. 2023 ($1,119 Mil) to Sep. 2023 ($1,098 Mil).

Spar Group's annual accounts payable & accrued expense declined from Sep. 2021 ($1,247 Mil) to Sep. 2022 ($1,014 Mil) but then increased from Sep. 2022 ($1,014 Mil) to Sep. 2023 ($1,098 Mil).

Spar Group Accounts Payable & Accrued Expense Historical Data

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

Spar Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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1,015.50

1,169.47

1,246.52

1,014.29

1,098.47

Spar 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															1,246.52	1,234.29	1,014.29	1,118.92	1,098.47

Spar 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.

Spar Group (Spar Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Spar Group Ltd (OTCPK:SGPPF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SPP:South Africa

Address

22 Chancery Lane, P.O. Box 1589, Pinetown, NL, ZAF, 3600

Website

https://www.spar.co.za

Spar Group Ltd is a wholesaler and distributor of goods and services to the group's retail outlets such as SPAR stores, Build it builders' merchandise outlets, TOPS at SPAR liquor stores, and others across Southern Africa. The company also has operations that comprise independently owned SPAR, MACE, XL and Londis stores in Ireland and southwest England. The company provides independent retailers the option to own or lease its stores and operate under the SPAR brand. The Southern Africa segment represents the majority of group revenue, with Ireland contributing an increasing proportion. The company delivers goods to the stores by a fleet of trucks and trailers owned by the SPAR Group. The group has two primary private brands namely SPAR and SaveMor.