Boom Logistics (ASX:BOL) Accounts Payable & Accrued Expense : A$20.9 Mil (As of Dec. 2023)

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What is Boom Logistics Accounts Payable & Accrued Expense?

Boom Logistics's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$16.6 Mil) to Jun. 2023 (A$19.1 Mil) and increased from Jun. 2023 (A$19.1 Mil) to Dec. 2023 (A$20.9 Mil).

Boom Logistics's annual accounts payable & accrued expense declined from Jun. 2021 (A$15.6 Mil) to Jun. 2022 (A$14.9 Mil) but then increased from Jun. 2022 (A$14.9 Mil) to Jun. 2023 (A$19.1 Mil).

Boom Logistics Accounts Payable & Accrued Expense Historical Data

The historical data trend for Boom Logistics'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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Boom Logistics Accounts Payable & Accrued Expense Chart

Boom Logistics Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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13.87

11.95

15.57

14.91

19.14

Boom Logistics 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															25.23	14.91	16.63	19.14	20.88

Boom Logistics 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.

Boom Logistics (ASX:BOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Boom Logistics Ltd (ASX:BOL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GJY:Germany

Address

55 Southbank Boulevard, Suite B Level 1, Southbank, Melbourne, VIC, AUS, 3006

Website

https://www.boomlogistics.com.au

Boom Logistics Ltd is a national industrial services group that provides total lifting solutions, short-term or long-term crane hire, right across Australia. The company has two operating segments, namely, "Lifting Solutions", which provides all lifting activities including the provision of cranes, travel towers, access equipment, and all associated services; and "Labour Hire", which includes the provision of skilled labour with a wide range of trades, such as, electricians, boilermakers, mechanics, plus the traditional crane and travel tower operators, riggers, truck drivers. The company earns majority revenue from the Lifting Solutions segment.

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