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NAOS Absolute Opportunities Co (ASX:NAC) Accounts Payable & Accrued Expense : A$0.49 Mil (As of Dec. 2023)


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What is NAOS Absolute Opportunities Co Accounts Payable & Accrued Expense?

NAOS Absolute Opportunities Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.57 Mil) to Jun. 2023 (A$0.80 Mil) but then declined from Jun. 2023 (A$0.80 Mil) to Dec. 2023 (A$0.49 Mil).

NAOS Absolute Opportunities Co's annual accounts payable & accrued expense declined from Jun. 2021 (A$3.99 Mil) to Jun. 2022 (A$2.54 Mil) and declined from Jun. 2022 (A$2.54 Mil) to Jun. 2023 (A$0.80 Mil).

NAOS Absolute Opportunities Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for NAOS Absolute Opportunities Co'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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NAOS Absolute Opportunities Co Accounts Payable & Accrued Expense Chart

NAOS Absolute Opportunities Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 0.34 0.74 3.99 2.54 0.80

NAOS Absolute Opportunities Co Semi-Annual Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 2.54 0.57 0.80 0.49

NAOS Absolute Opportunities Co 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.

NAOS Absolute Opportunities Co (ASX:NAC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NAOS Absolute Opportunities Co Ltd (ASX:NAC) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
25 Martin Place, Level 34, MLC Centre, Sydney, NSW, AUS, 2000
Website
https://www.naos.com.au
NAOS Absolute Opportunities Co Ltd is an investment company. The company invests in mid-cap listed equities through a long-biased structure with a long-term value focus that can produce positive absolute returns. It operates in Australia and derives revenue from dividend income, interest income and from the investment portfolio.