Prospa Group (ASX:PGL) Accounts Payable & Accrued Expense : A$5.5 Mil (As of Dec. 2023)

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What is Prospa Group Accounts Payable & Accrued Expense?

Prospa Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$9.6 Mil) to Jun. 2023 (A$10.6 Mil) but then declined from Jun. 2023 (A$10.6 Mil) to Dec. 2023 (A$5.5 Mil).

Prospa Group's annual accounts payable & accrued expense increased from Jun. 2021 (A$7.8 Mil) to Jun. 2022 (A$12.8 Mil) but then declined from Jun. 2022 (A$12.8 Mil) to Jun. 2023 (A$10.6 Mil).

Prospa Group Accounts Payable & Accrued Expense Historical Data

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

Prospa Group Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

6.69

6.11

7.76

12.85

10.55

Prospa Group Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						8.93	12.85	9.59	10.55	5.50

Prospa 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.

Prospa Group (ASX:PGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Prospa Group Ltd (ASX:PGL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-16 Yurong Street, Level 1, Sydney, NSW, AUS, 2000

Website

https://www.prospa.com

Prospa Group Ltd is engaged in the design, building and utilizing cloud-based data-rich and API-ended technologies to deliver seamless customer experiences for the small business. It uses third-party software and service providers as the core component of the technology platform. The company's technological innovation includes Customer experience, Credit Decision Engine, Partner Technical Solutions, and Internal Workflow and Automation.

Prospa Group (ASX:PGL) Headlines

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