Dynamic Group Holdings (ASX:DDB) Accounts Payable & Accrued Expense : A$5.5 Mil (As of Dec. 2023)

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What is Dynamic Group Holdings Accounts Payable & Accrued Expense?

Dynamic Group Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$7.2 Mil) to Jun. 2023 (A$11.7 Mil) but then declined from Jun. 2023 (A$11.7 Mil) to Dec. 2023 (A$5.5 Mil).

Dynamic Group Holdings's annual accounts payable & accrued expense increased from Jun. 2021 (A$2.0 Mil) to Jun. 2022 (A$4.7 Mil) and increased from Jun. 2022 (A$4.7 Mil) to Jun. 2023 (A$11.7 Mil).

Dynamic Group Holdings Accounts Payable & Accrued Expense Historical Data

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

Dynamic Group Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

2.04

4.73

11.67

Dynamic Group Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			5.73	4.73	7.22	11.67	5.45

Dynamic 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.

Dynamic Group Holdings (ASX:DDB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dynamic Group Holdings Ltd (ASX:DDB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

76 Hasler Road, Level 2, Osborne Park, WA, AUS, 6017

Website

https://www.dynamicdrillandblast.com.au

Dynamic Group Holdings Ltd, formerly Dynamic Drill and Blast Holdings Ltd is engaged in providing drill and blast services. The firm generates its revenue from mine production drilling and blasting for resource extraction and construction project drilling and blasting for mine development purposes through the supply of labor, drilling equipment, and services and explosives equipment and services.

Dynamic Group Holdings (ASX:DDB) Headlines

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