Ashley Services Group (ASX:ASH) Accounts Payable & Accrued Expense : A$38.1 Mil (As of Dec. 2023)

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What is Ashley Services Group Accounts Payable & Accrued Expense?

Ashley Services Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$38.8 Mil) to Jun. 2023 (A$42.0 Mil) but then declined from Jun. 2023 (A$42.0 Mil) to Dec. 2023 (A$38.1 Mil).

Ashley Services Group's annual accounts payable & accrued expense increased from Jun. 2021 (A$27.9 Mil) to Jun. 2022 (A$30.8 Mil) and increased from Jun. 2022 (A$30.8 Mil) to Jun. 2023 (A$42.0 Mil).

Ashley Services Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ashley Services 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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Ashley Services Group Accounts Payable & Accrued Expense Chart

Ashley Services Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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13.90

18.92

27.85

30.84

42.04

Ashley Services Group Semi-Annual Data
	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														34.11	30.84	38.81	42.04	38.14

Ashley Services 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.

Ashley Services Group (ASX:ASH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ashley Services Group Ltd (ASX:ASH) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

92 Pitt Street, Level 10, Sydney, NSW, AUS, 2000

Website

https://www.ashleyservicesgroup.com.au

Ashley Services Group Ltd is engaged in staffing services. The group operates in two operating segments namely Labour hire and Training. The group derives maximum revenue from providing labour-hire services. In labour-hire division, the company has candidates who are able to start work within one hour of the request and run a year-round national operation with dedicated after-hours in-house consultants. Its labour-hire brands to include Action Workforce and Concept Engineering. The organization operates in Australia.