SFG Australia (ASX:SFW) Accounts Payable & Accrued Expense : A$19.5 Mil (As of Dec. 2013)

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What is SFG Australia Accounts Payable & Accrued Expense?

SFG Australia's quarterly accounts payable & accrued expense increased from Dec. 2012 (A$18.6 Mil) to Jun. 2013 (A$20.3 Mil) but then declined from Jun. 2013 (A$20.3 Mil) to Dec. 2013 (A$19.5 Mil).

SFG Australia's annual accounts payable & accrued expense declined from Jun. 2011 (A$17.2 Mil) to Jun. 2012 (A$15.5 Mil) but then increased from Jun. 2012 (A$15.5 Mil) to Jun. 2013 (A$20.3 Mil).

SFG Australia Accounts Payable & Accrued Expense Historical Data

The historical data trend for SFG Australia'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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SFG Australia Accounts Payable & Accrued Expense Chart

SFG Australia Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Accounts Payable & Accrued Expense

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2.83

4.25

17.22

15.53

20.26

SFG Australia Semi-Annual Data
	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															13.59	15.53	18.56	20.26	19.46

SFG Australia 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.

SFG Australia (ASX:SFW) Business Description

Industry

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Address

Website

http://www.sfgaustralia.com.au

SFG Australia Limited, formerly Snowball Group Limited provides wealth management services to high net worth and affluent clients, including strategic financial advice, portfolio administration solutions, portfolio construction and management services, insurance (both general and risk) solutions, finance broking, stockbroking, and corporate superannuation services. SFG operates three financial advice models: End to end adviser model; Affiliate adviser model; and B2B Services model.

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