WT Financial Group (ASX:WTL) Accounts Payable & Accrued Expense : A$13.9 Mil (As of Dec. 2023)

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What is WT Financial Group Accounts Payable & Accrued Expense?

WT Financial Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$14.5 Mil) to Jun. 2023 (A$10.8 Mil) but then increased from Jun. 2023 (A$10.8 Mil) to Dec. 2023 (A$13.9 Mil).

WT Financial Group's annual accounts payable & accrued expense increased from Jun. 2021 (A$2.0 Mil) to Jun. 2022 (A$11.5 Mil) but then declined from Jun. 2022 (A$11.5 Mil) to Jun. 2023 (A$10.8 Mil).

WT Financial Group Accounts Payable & Accrued Expense Historical Data

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

WT Financial Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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2.01

2.30

2.00

11.48

10.79

WT Financial Group Semi-Annual Data
	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													7.28	11.48	14.53	10.79	13.91

WT Financial 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.

WT Financial Group (ASX:WTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » WT Financial Group Ltd (ASX:WTL) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

95 Pitt Street, Level 5, Australia Square Plaza Building, Sydney, NSW, AUS, 2000

Website

https://www.wtfglimited.com

WT Financial Group Ltd is a diversified financial services company. The company's operating segment includes B2B and B2C. It includes financial planning, investment advice and product sales; Accounting and taxation services, and others. It generates maximum revenue from the financial planning, investment advice and product sales segment. Its Financial planning, investment advice and product sales segment include the provision of a diverse range of financial services encompassing financial planning in self-managed superannuation funds (SMSFs) and direct and SMSF residential real estate investment.

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