Spirit Technology Solutions (ASX:ST1) Accounts Payable & Accrued Expense : A$16.1 Mil (As of Dec. 2023)

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What is Spirit Technology Solutions Accounts Payable & Accrued Expense?

Spirit Technology Solutions's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$15.3 Mil) to Jun. 2023 (A$15.3 Mil) and increased from Jun. 2023 (A$15.3 Mil) to Dec. 2023 (A$16.1 Mil).

Spirit Technology Solutions's annual accounts payable & accrued expense increased from Jun. 2021 (A$16.1 Mil) to Jun. 2022 (A$16.7 Mil) but then declined from Jun. 2022 (A$16.7 Mil) to Jun. 2023 (A$15.3 Mil).

Spirit Technology Solutions Accounts Payable & Accrued Expense Historical Data

The historical data trend for Spirit Technology Solutions'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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Spirit Technology Solutions Accounts Payable & Accrued Expense Chart

Spirit Technology Solutions Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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2.22

7.43

16.14

16.71

15.33

Spirit Technology Solutions 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															15.26	16.71	15.31	15.33	16.07

Spirit Technology Solutions 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.

Spirit Technology Solutions (ASX:ST1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Spirit Technology Solutions Ltd (ASX:ST1) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

19-25 Raglan Street, Level 2, South Melbourne, Melbourne, VIC, AUS, 3205

Website

https://www.spirit.com.au

Spirit Technology Solutions Ltd provides telecommunication services, cloud services, managed IT services, and cyber security services to small and medium-sized businesses. It derives key revenue from Managed services followed by internet and data services. Geographically the group operates and generates revenue in Australia.

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