Hills (ASX:HIL) Accounts Payable & Accrued Expense : A$8.15 Mil (As of Dec. 2022)

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What is Hills Accounts Payable & Accrued Expense?

Hills's quarterly accounts payable & accrued expense declined from Dec. 2021 (A$17.14 Mil) to Jun. 2022 (A$12.63 Mil) and declined from Jun. 2022 (A$12.63 Mil) to Dec. 2022 (A$8.15 Mil).

Hills's annual accounts payable & accrued expense declined from Jun. 2020 (A$29.26 Mil) to Jun. 2021 (A$24.33 Mil) and declined from Jun. 2021 (A$24.33 Mil) to Jun. 2022 (A$12.63 Mil).

Hills Accounts Payable & Accrued Expense Historical Data

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

Hills Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Accounts Payable & Accrued Expense

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47.73

40.65

29.26

24.33

12.63

Hills Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															27.32	24.33	17.14	12.63	8.15

Hills 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.

Hills (ASX:HIL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

3-29 Birnie Avenue, Unit 1, Building F, Lidcombe, NSW, AUS, 2141

Website

https://www.hills.com.au

Hills Ltd provides technology products and service solutions. Its segments include Hills Health Solutions and Hills Distribution. Hills Health Solutions is engaged in the design, supply, and installation of health technology solutions, nurse call and patient engagement, and other related solutions including security, Wi-Fi, and telephony into the health and aged care sectors. Hills Distribution is engaged in providing a diverse range of products and solutions to assist customers, support end-users within the Satellite, Security, Surveillance, and IT markets. The company earns the majority of its revenue from the Hills Distribution segment. Geographically, the company operates in Australia and New Zealand.