Livestock Improvement (NZSE:LIC) Accounts Payable & Accrued Expense : NZ$27.2 Mil (As of Nov. 2023)

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What is Livestock Improvement Accounts Payable & Accrued Expense?

Livestock Improvement's quarterly accounts payable & accrued expense increased from May. 2022 (NZ$28.6 Mil) to Nov. 2022 (NZ$35.9 Mil) but then declined from Nov. 2022 (NZ$35.9 Mil) to Nov. 2023 (NZ$27.2 Mil).

Livestock Improvement's annual accounts payable & accrued expense increased from May. 2020 (NZ$22.4 Mil) to May. 2021 (NZ$24.5 Mil) and increased from May. 2021 (NZ$24.5 Mil) to May. 2022 (NZ$28.6 Mil).

Livestock Improvement Accounts Payable & Accrued Expense Historical Data

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

Livestock Improvement Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

May20

May21

May22

Accounts Payable & Accrued Expense

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24.25

28.59

22.36

24.54

28.61

Livestock Improvement Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	Nov23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															24.54	30.77	28.61	35.90	27.25

Livestock Improvement 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.

Livestock Improvement (NZSE:LIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Livestock Improvement Corp Ltd (NZSE:LIC) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

605 Ruakura Road, Newstead, Hamilton, NTL, NZL, 3286

Website

https://www.lic.co.nz

Livestock Improvement Corp Ltd is an agri-tech and herd improvement company. The company's operating segments include NZ market genetics; Herd testing; Farm software and Diagnostics. It generates maximum revenue from the NZ market genetics segment. The NZ market genetics segment provides bovine genetic breeding material and related services, predominately to dairy farmers. Geographically, it derives a majority of revenue from New Zealand.

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