Global Data Centre Group (ASX:GDC) Accounts Payable & Accrued Expense : A$0.57 Mil (As of Dec. 2023)

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What is Global Data Centre Group Accounts Payable & Accrued Expense?

Global Data Centre Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$14.21 Mil) to Jun. 2023 (A$19.60 Mil) but then declined from Jun. 2023 (A$19.60 Mil) to Dec. 2023 (A$0.57 Mil).

Global Data Centre Group's annual accounts payable & accrued expense increased from Jun. 2021 (A$2.79 Mil) to Jun. 2022 (A$8.09 Mil) and increased from Jun. 2022 (A$8.09 Mil) to Jun. 2023 (A$19.60 Mil).

Global Data Centre Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Global Data Centre Group'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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Global Data Centre Group Accounts Payable & Accrued Expense Chart

Global Data Centre Group Annual Data

Trend

Sep19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

3.33

2.79

8.09

19.60

Global Data Centre Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				2.65	8.09	14.21	19.60	0.57

Global Data Centre Group 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.

Global Data Centre Group (ASX:GDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Global Data Centre Group (ASX:GDC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Pitt Street, Level 15, Sydney, NSW, AUS, 2000

Website

https://www.360capital.com.au

Global Data Centre Group, is a firm that invests in digital infrastructure assets. The objective of the fund is to deliver an internal rate of return of 10.0% plus per annum through disciplined investment in a broad range of digital infrastructure opportunities.