Servcorp (ASX:SRV) Accounts Payable & Accrued Expense : A$54.2 Mil (As of Dec. 2023)

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What is Servcorp Accounts Payable & Accrued Expense?

Servcorp's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$42.1 Mil) to Jun. 2023 (A$43.5 Mil) and increased from Jun. 2023 (A$43.5 Mil) to Dec. 2023 (A$54.2 Mil).

Servcorp's annual accounts payable & accrued expense declined from Jun. 2021 (A$35.4 Mil) to Jun. 2022 (A$35.0 Mil) but then increased from Jun. 2022 (A$35.0 Mil) to Jun. 2023 (A$43.5 Mil).

Servcorp Accounts Payable & Accrued Expense Historical Data

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

Servcorp Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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59.83

44.76

35.40

34.95

43.55

Servcorp 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															40.70	34.95	42.09	43.55	54.17

Servcorp 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.

Servcorp (ASX:SRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Servcorp Ltd (ASX:SRV) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

19-29 Martin Place, Level 63, MLC Centre, Sydney, NSW, AUS, 2000

Website

https://www.servcorp.com.au

Servcorp Ltd is a provider of a wide variety of office-space solutions for businesses, including virtual offices, executive suites, meeting rooms, and other accommodations. The company was founded in Australia but currently operates in numerous large cities across over 21 countries, including New York, Sydney, London, Paris, Tokyo, Hong Kong, and Dubai. Notable locations include co-working space in the One World Trade Center in New York City. The company reports revenue from like-for-like floor income. The company has its operating segments in Australia, New Zealand and South East Asia (ANZ/SEA); United States of America (USA); Europe and Middle East (EME) and North Asia, which derives maximum revenue.