Costa Group Holdings (Costa Group Holdings) Accounts Payable & Accrued Expense : $87.0 Mil (As of Jun. 2023)

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What is Costa Group Holdings Accounts Payable & Accrued Expense?

Costa Group Holdings's quarterly accounts payable & accrued expense declined from Jun. 2022 ($101.3 Mil) to Dec. 2022 ($100.8 Mil) and declined from Dec. 2022 ($100.8 Mil) to Jun. 2023 ($87.0 Mil).

Costa Group Holdings's annual accounts payable & accrued expense increased from Dec. 2020 ($101.7 Mil) to Dec. 2021 ($106.8 Mil) but then declined from Dec. 2021 ($106.8 Mil) to Dec. 2022 ($100.8 Mil).

Costa Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Costa Group Holdings'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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Costa Group Holdings Accounts Payable & Accrued Expense Chart

Costa Group Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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95.23

78.17

101.73

106.80

100.82

Costa Group Holdings Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											105.94	106.80	101.32	100.82	87.00

Costa Group Holdings 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.

Costa Group Holdings (Costa Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Costa Group Holdings Ltd (OTCPK:CTTQF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CGC:Australia

Address

275 Robinsons Road, Unit 1, Ravenhall, VIC, AUS, VIC 3023

Website

https://www.costagroup.com.au

Costa Group is the largest fresh produce company in Australia, with an estimated market share of over 15%, principally supplying fresh fruit and vegetables to the major Australian supermarkets. While supplemented by third-party growers, the firm's products are predominantly sourced from around 7,200 planted hectares of farmland, 40 hectares of tomato glasshouse facilities, and mushroom-growing facilities across Australia. Costa also operates berry farms in Morocco and China as part of its international business.