Altech Batteries (ASX:ATC) Accounts Payable & Accrued Expense : A$6.10 Mil (As of Dec. 2023)

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What is Altech Batteries Accounts Payable & Accrued Expense?

Altech Batteries's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$3.70 Mil) to Jun. 2023 (A$6.33 Mil) but then declined from Jun. 2023 (A$6.33 Mil) to Dec. 2023 (A$6.10 Mil).

Altech Batteries's annual accounts payable & accrued expense declined from Jun. 2021 (A$0.43 Mil) to Jun. 2022 (A$0.41 Mil) but then increased from Jun. 2022 (A$0.41 Mil) to Jun. 2023 (A$6.33 Mil).

Altech Batteries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Altech Batteries'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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Altech Batteries Accounts Payable & Accrued Expense Chart

Altech Batteries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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4.90

8.57

0.43

0.41

6.33

Altech Batteries 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															0.76	0.41	3.70	6.33	6.10

Altech Batteries 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.

Altech Batteries (ASX:ATC) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Altech Batteries Ltd (ASX:ATC) » Definitions » Accounts Payable & Accrued Expense

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ALTHF:USA A3Y:Germany

Address

295 Rokeby Road, Suite 8, Subiaco, Perth, WA, AUS, 6008

Website

https://www.altechgroup.com

Altech Batteries Ltd is a specialty battery technology company. The company operates in four segments which include Silumna Anodes, CERENERGY, High Purity Alumina, and Corporate. Its project includes the German Sodium Chloride CERENERGY Solid State (SCSS) Battery Project and others.