Megaport (Megaport) Accounts Payable & Accrued Expense : $24.0 Mil (As of Dec. 2023)

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What is Megaport Accounts Payable & Accrued Expense?

Megaport's quarterly accounts payable & accrued expense declined from Dec. 2022 ($25.5 Mil) to Jun. 2023 ($24.4 Mil) and declined from Jun. 2023 ($24.4 Mil) to Dec. 2023 ($24.0 Mil).

Megaport's annual accounts payable & accrued expense increased from Jun. 2021 ($15.8 Mil) to Jun. 2022 ($24.7 Mil) but then declined from Jun. 2022 ($24.7 Mil) to Jun. 2023 ($24.4 Mil).

Megaport Accounts Payable & Accrued Expense Historical Data

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

Megaport Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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9.01

9.74

15.84

24.69

24.36

Megaport Semi-Annual Data
	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												16.34	24.69	25.48	24.36	23.97

Megaport 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.

Megaport (Megaport) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Megaport Ltd (OTCPK:MGPPF) » Definitions » Accounts Payable & Accrued Expense

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MP1:Australia

Address

825 Ann Street, Level 3, Fortitude Valley, Brisbane, QLD, AUS, 4006

Website

https://www.megaport.com

Megaport is one of the world's largest software-defined network service providers, enabling over 2,800 enterprise customers to connect to over 800 data centers in over 150 cities throughout the world. Megaport's services mostly revolve around enabling enterprises to connect to cloud service providers, like Amazon Web Services, but it also offers services to enable businesses to connect across multiple data centers and to internet exchanges.