IPD Group (ASX:IPG) Accounts Payable & Accrued Expense : A$41.4 Mil (As of Dec. 2023)

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What is IPD Group Accounts Payable & Accrued Expense?

IPD Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$48.0 Mil) to Jun. 2023 (A$40.8 Mil) but then increased from Jun. 2023 (A$40.8 Mil) to Dec. 2023 (A$41.4 Mil).

IPD Group's annual accounts payable & accrued expense increased from Jun. 2021 (A$28.3 Mil) to Jun. 2022 (A$40.4 Mil) and increased from Jun. 2022 (A$40.4 Mil) to Jun. 2023 (A$40.8 Mil).

IPD Group Accounts Payable & Accrued Expense Historical Data

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

IPD Group Annual Data

Trend

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

28.30

40.38

40.83

IPD Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	37.91	40.38	47.98	40.83	41.41

IPD 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.

IPD Group (ASX:IPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IPD Group Ltd (ASX:IPG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

43-47 Newton Road, Wetherill Park, Sydney, NSW, AUS, 2164

Website

https://www.ipdgroup.com.au

IPD Group Ltd serves the electrical industry. The company's core focus is power distribution, power monitoring, industrial control, renewables, test and measurement, and services, across a range of verticals such as power generation, commercial, hospitality, infrastructure, and sports and leisure facilities. Its segment includes Products division and Services division. The company generates maximum revenue from the Products division segment. The company's product division consists of five different types of product categories namely, Power distribution, Industrial and motor control, Automation and industrial communication, Power monitoring, Electric vehicle solutions.