FirstWave Cloud Technology (ASX:FCT) Accounts Payable & Accrued Expense : A$2.42 Mil (As of Dec. 2023)

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What is FirstWave Cloud Technology Accounts Payable & Accrued Expense?

FirstWave Cloud Technology's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$3.65 Mil) to Jun. 2023 (A$2.86 Mil) and declined from Jun. 2023 (A$2.86 Mil) to Dec. 2023 (A$2.42 Mil).

FirstWave Cloud Technology's annual accounts payable & accrued expense declined from Jun. 2021 (A$4.26 Mil) to Jun. 2022 (A$3.92 Mil) and declined from Jun. 2022 (A$3.92 Mil) to Jun. 2023 (A$2.86 Mil).

FirstWave Cloud Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for FirstWave Cloud Technology'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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FirstWave Cloud Technology Accounts Payable & Accrued Expense Chart

FirstWave Cloud Technology Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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2.60

3.07

4.26

3.92

2.86

FirstWave Cloud Technology Semi-Annual Data
	Jun14	Dec14	Jun15	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															4.26	3.92	3.65	2.86	2.42

FirstWave Cloud Technology 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.

FirstWave Cloud Technology (ASX:FCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » FirstWave Cloud Technology Ltd (ASX:FCT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

132 Arthur Street, Level 14, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.firstwave.com

FirstWave Cloud Technology Ltd is engaged in the development and sale of internet security software. The products of the company include NMIS which is a open source network management software, CyberCision Platform, Email security, Web security among others. The company has one reportable segment being the development and sale of internet security software.