MPower Group (ASX:MPR) Accounts Payable & Accrued Expense : A$3.00 Mil (As of Dec. 2023)

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What is MPower Group Accounts Payable & Accrued Expense?

MPower Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$2.34 Mil) to Jun. 2023 (A$2.71 Mil) and increased from Jun. 2023 (A$2.71 Mil) to Dec. 2023 (A$3.00 Mil).

MPower Group's annual accounts payable & accrued expense declined from Jun. 2021 (A$1.07 Mil) to Jun. 2022 (A$0.77 Mil) but then increased from Jun. 2022 (A$0.77 Mil) to Jun. 2023 (A$2.71 Mil).

MPower Group Accounts Payable & Accrued Expense Historical Data

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

MPower Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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12.05

3.83

1.07

0.77

2.71

MPower Group 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															1.04	0.77	2.34	2.71	3.00

MPower 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.

MPower Group (ASX:MPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » MPower Group Ltd (ASX:MPR) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

15 Bourke Road, Level 4, Mascot, Sydney, NSW, AUS, 2020

Website

https://www.mpower.com.au

MPower Group Ltd is a technology company. The company is a specialist renewable energy and battery storage developer and owner. It specializes in the delivery of on-grid and off-grid power solutions and products for blue-chip customers. The company's operating segment includes Energy services and energy investments. It generates maximum revenue from the energy services segment. Geographically, it derives its revenue from Australia. The company's projects include Solar Farms, Battery Energy Storage Systems, Hybrid Power Systems, and Backup Power Systems.

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