AVADA Group (ASX:AVD) Accounts Payable & Accrued Expense : A$15.0 Mil (As of Dec. 2023)

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What is AVADA Group Accounts Payable & Accrued Expense?

AVADA Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$13.4 Mil) to Jun. 2023 (A$18.3 Mil) but then declined from Jun. 2023 (A$18.3 Mil) to Dec. 2023 (A$15.0 Mil).

AVADA Group's annual accounts payable & accrued expense increased from Jun. 2021 (A$3.0 Mil) to Jun. 2022 (A$12.8 Mil) and increased from Jun. 2022 (A$12.8 Mil) to Jun. 2023 (A$18.3 Mil).

AVADA Group Accounts Payable & Accrued Expense Historical Data

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

AVADA Group Annual Data

Trend

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

3.02

12.84

18.30

AVADA Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	10.31	12.84	13.43	18.30	15.03

AVADA 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.

AVADA Group (ASX:AVD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AVADA Group Ltd (ASX:AVD) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

116 Ipswich Road, Suite 1, Level 2, Woolloongabba, QLD, AUS, 4102

Website

https://www.avadagroup.com.au

AVADA Group Ltd is an Australian traffic management operator and ancillary service provider with an established network throughout Queensland and New South Wales. The group has two reportable segments: Queensland Traffic Management and New South Wales Traffic Management. Queensland Traffic Management is the key revenue generator for the group. It provides services to government clients and major contractors in the civil infrastructure and maintenance sector.