Pointsbet Holdings (ASX:PBH) Accounts Payable & Accrued Expense : A$46.7 Mil (As of Dec. 2023)

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What is Pointsbet Holdings Accounts Payable & Accrued Expense?

Pointsbet Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$67.7 Mil) to Jun. 2023 (A$59.1 Mil) and declined from Jun. 2023 (A$59.1 Mil) to Dec. 2023 (A$46.7 Mil).

Pointsbet Holdings's annual accounts payable & accrued expense increased from Jun. 2021 (A$39.4 Mil) to Jun. 2022 (A$46.2 Mil) and increased from Jun. 2022 (A$46.2 Mil) to Jun. 2023 (A$59.1 Mil).

Pointsbet Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pointsbet Holdings'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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Pointsbet Holdings Accounts Payable & Accrued Expense Chart

Pointsbet Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

9.62

14.64

39.40

46.18

59.09

Pointsbet Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						51.46	46.18	67.73	59.09	46.71

Pointsbet Holdings 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.

Pointsbet Holdings (ASX:PBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pointsbet Holdings Ltd (ASX:PBH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PBTHF:USA

Address

165 Cremorne Street, Level 2, Cremorne, VIC, AUS, 3121

Website

https://www.pointsbet.com.au

Pointsbet Holdings Ltd is a licensed corporate bookmaker with operations in Australia and the United States. PointsBet has developed a scalable cloud-based wagering platform through which it offers its clients sports and racing wagering products. PointsBet's product offering includes Fixed Odds Sports, Fixed Odds Racing, PointsBetting and iGaming. The company had been appointed as an Official Sports Betting Partner of the NHL. Its reportable segments consist of Australian Trading, Technology and Canada Trading. The company derives revenue from the Australia segment which includes revenue from sports and race betting services provided to Australian customers.