NZME (NZSE:NZM) Accounts Payable & Accrued Expense : NZ$48.8 Mil (As of Dec. 2023)

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What is NZME Accounts Payable & Accrued Expense?

NZME's quarterly accounts payable & accrued expense declined from Dec. 2022 (NZ$52.5 Mil) to Jun. 2023 (NZ$45.5 Mil) but then increased from Jun. 2023 (NZ$45.5 Mil) to Dec. 2023 (NZ$48.8 Mil).

NZME's annual accounts payable & accrued expense declined from Dec. 2021 (NZ$53.8 Mil) to Dec. 2022 (NZ$52.5 Mil) and declined from Dec. 2022 (NZ$52.5 Mil) to Dec. 2023 (NZ$48.8 Mil).

NZME Accounts Payable & Accrued Expense Historical Data

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

NZME Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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51.48

43.84

53.78

52.48

48.84

NZME Semi-Annual Data
	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											53.78	54.77	52.48	45.54	48.84

NZME 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.

NZME (NZSE:NZM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » NZME Ltd (NZSE:NZM) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

NZM:Australia

Address

2 Graham Street, Auckland, NZL, 1010

Website

https://www.nzme.co.nz

NZME Ltd is New Zealand based company. The company operates in 3 business segments, 1) Audio segment includes terrestrial radio stations, digital iHeartRadio, podcasts and Radio brand websites. 2) Publishing segment includes print publications (excluding dedicated real estate publications) and digital news websites including nzherald.co.nz. and BusinessDesk. 3) OneRoof segment comprises oneroof.co.nz and dedicated real estate print publications.

NZME (NZSE:NZM) Headlines

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