SiteMinder (ASX:SDR) Accounts Payable & Accrued Expense : A$19.3 Mil (As of Dec. 2023)

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What is SiteMinder Accounts Payable & Accrued Expense?

SiteMinder's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$21.2 Mil) to Jun. 2023 (A$19.8 Mil) and declined from Jun. 2023 (A$19.8 Mil) to Dec. 2023 (A$19.3 Mil).

SiteMinder's annual accounts payable & accrued expense increased from Jun. 2021 (A$16.9 Mil) to Jun. 2022 (A$20.4 Mil) but then declined from Jun. 2022 (A$20.4 Mil) to Jun. 2023 (A$19.8 Mil).

SiteMinder Accounts Payable & Accrued Expense Historical Data

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

SiteMinder Annual Data

Trend

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

16.90

20.37

19.80

SiteMinder Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	21.52	20.37	21.22	19.80	19.27

SiteMinder 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.

SiteMinder (ASX:SDR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SDRMF:USA

Address

30 Windmill Street, Bond Store 3, Millers Point, Sydney, NSW, AUS, 2000

Website

https://www.siteminder.com

SiteMinder Ltd provides hotel commerce platform services. It helps hotels to sell, market, manage, and grow their business from one place. Geographically, it derives a majority of revenue from the Asia Pacific region and also has a presence in Europe, the Middle East and Africa, and the Americas. Some of its products include a Hotel channel manager; Hotel booking engine; Hotel website builder; Hotel business intelligence and others. The Group operates within one business segment, being the operation of an online hotel booking platform assisting accommodation providers in gaining more online bookings and managing their online room distribution.

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