InvoCare (ASX:IVC) Accounts Payable & Accrued Expense : A$48.2 Mil (As of Jun. 2023)

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What is InvoCare Accounts Payable & Accrued Expense?

InvoCare's quarterly accounts payable & accrued expense increased from Jun. 2022 (A$59.3 Mil) to Dec. 2022 (A$80.5 Mil) but then declined from Dec. 2022 (A$80.5 Mil) to Jun. 2023 (A$48.2 Mil).

InvoCare's annual accounts payable & accrued expense increased from Dec. 2020 (A$60.5 Mil) to Dec. 2021 (A$69.2 Mil) and increased from Dec. 2021 (A$69.2 Mil) to Dec. 2022 (A$80.5 Mil).

InvoCare Accounts Payable & Accrued Expense Historical Data

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

InvoCare Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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61.11

60.90

60.51

69.23

80.53

InvoCare Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															57.55	69.23	59.25	80.53	48.16

InvoCare 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.

InvoCare (ASX:IVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » InvoCare Ltd (ASX:IVC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

40 Mount Street, Level 5, North Sydney, NSW, AUS, 2060

Website

https://www.invocare.com.au

InvoCare is the largest funeral, cemetery, and crematorium operator in Australia and New Zealand. We estimate InvoCare enjoys over a third of revenue share in Australia, and around a fifth in New Zealand, and is the number one player in both countries. Australia contributes the vast majority of consolidated earnings. InvoCare owns a portfolio of over 60 brands, including three flagship national Australian brands: White Lady, Simplicity Funerals, and Value Cremations, and owns and operates 290 funeral homes, along with 16 cemeteries and crematoria.

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