Rectifier Technologies (ASX:RFT) Accounts Payable & Accrued Expense : A$11.06 Mil (As of Dec. 2023)

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What is Rectifier Technologies Accounts Payable & Accrued Expense?

Rectifier Technologies's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$10.12 Mil) to Jun. 2023 (A$7.28 Mil) but then increased from Jun. 2023 (A$7.28 Mil) to Dec. 2023 (A$11.06 Mil).

Rectifier Technologies's annual accounts payable & accrued expense increased from Jun. 2021 (A$2.65 Mil) to Jun. 2022 (A$5.55 Mil) and increased from Jun. 2022 (A$5.55 Mil) to Jun. 2023 (A$7.28 Mil).

Rectifier Technologies Accounts Payable & Accrued Expense Historical Data

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

Rectifier Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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2.57

2.25

2.65

5.55

7.28

Rectifier Technologies 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															2.32	5.55	10.12	7.28	11.06

Rectifier Technologies 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.

Rectifier Technologies (ASX:RFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rectifier Technologies Ltd (ASX:RFT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

97 Highbury Road, Burwood, Melbourne, VIC, AUS, 3125

Website

https://www.rectifiertechnologies.com

Rectifier Technologies Ltd is engaged in designing and manufacturing of power rectifiers and the production of electronic and specialized magnetic components. The company reportable segments are Electronic Components, Industrial Power Supplies (Electricity generation/distribution and Defence), Industrial Power Supplies (Transport and Telecommunication), and Industrial Power Supplies (Electric vehicles). It generates maximum revenue from the Industrial Power Supplies (Electric vehicles) segment. Geographically, it derives a majority of revenue from Australia and also has a presence in Europe; Asia; North America; South America; and Oceania. Its product includes modules; power shelves and chargers and systems.

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