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Michael Hill International (NZSE:MHJ) Accounts Payable & Accrued Expense : NZ$92.1 Mil (As of Dec. 2023)


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What is Michael Hill International Accounts Payable & Accrued Expense?

Michael Hill International's quarterly accounts payable & accrued expense declined from Dec. 2022 (NZ$81.5 Mil) to Jun. 2023 (NZ$77.5 Mil) but then increased from Jun. 2023 (NZ$77.5 Mil) to Dec. 2023 (NZ$92.1 Mil).

Michael Hill International's annual accounts payable & accrued expense increased from Jun. 2021 (NZ$79.5 Mil) to Jun. 2022 (NZ$86.9 Mil) but then declined from Jun. 2022 (NZ$86.9 Mil) to Jun. 2023 (NZ$77.5 Mil).


Michael Hill International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Michael Hill International'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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Michael Hill International Accounts Payable & Accrued Expense Chart

Michael Hill International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.61 69.01 79.47 86.92 77.49

Michael Hill International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.54 86.92 81.49 77.49 92.13

Michael Hill International 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.


Michael Hill International (NZSE:MHJ) Business Description

Traded in Other Exchanges
Address
34 Southgate Avenue, Cannon Hill, QLD, AUS, 4170
Michael Hill International Ltd is an Australia based specialist retail jewellery chain engaged in the sale of jewellery and related services. It operates stores in Australia, New Zealand and Canada. The group derives prime revenue from Australia. The product portfolio of the company includes Rings, Earrings, Pendants and Necklaces, Bracelets, Bangles and other products.

Michael Hill International (NZSE:MHJ) Headlines

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