Heartland Group Holdings (NZSE:HGH) Accounts Payable & Accrued Expense : NZ$36.6 Mil (As of Dec. 2023)

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What is Heartland Group Holdings Accounts Payable & Accrued Expense?

Heartland Group Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (NZ$64.4 Mil) to Jun. 2023 (NZ$58.3 Mil) and declined from Jun. 2023 (NZ$58.3 Mil) to Dec. 2023 (NZ$36.6 Mil).

Heartland Group Holdings's annual accounts payable & accrued expense increased from Jun. 2021 (NZ$26.9 Mil) to Jun. 2022 (NZ$66.2 Mil) but then declined from Jun. 2022 (NZ$66.2 Mil) to Jun. 2023 (NZ$58.3 Mil).

Heartland Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Heartland Group 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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Heartland Group Holdings Accounts Payable & Accrued Expense Chart

Heartland Group Holdings Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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22.50

36.26

26.93

66.21

58.30

Heartland Group Holdings Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															39.70	66.21	64.44	58.30	36.64

Heartland Group 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.

Heartland Group Holdings (NZSE:HGH) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heartland Group Holdings Ltd (NZSE:HGH) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

73X:Germany HGH:Australia

Address

35 Teed Street, Level 3, Heartland House, Newmarket, Auckland, NZL, 1023

Website

https://www.heartland.co.nz

Heartland Group Holdings Ltd is engaged in the operation of the reverse mortgage. Geographically it operates in both New Zealand and Australia. It offers business loans, rural loans, home loans, car loans , personal lending services and others. Further, it is also involved in saving and deposits activity and also provides internet banking services.

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