MyState (ASX:MYS) Accounts Payable & Accrued Expense : A$59.5 Mil (As of Dec. 2023)

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What is MyState Accounts Payable & Accrued Expense?

MyState's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$40.6 Mil) to Jun. 2023 (A$76.2 Mil) but then declined from Jun. 2023 (A$76.2 Mil) to Dec. 2023 (A$59.5 Mil).

MyState's annual accounts payable & accrued expense increased from Jun. 2021 (A$27.5 Mil) to Jun. 2022 (A$30.0 Mil) and increased from Jun. 2022 (A$30.0 Mil) to Jun. 2023 (A$76.2 Mil).

MyState Accounts Payable & Accrued Expense Historical Data

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

MyState Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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38.18

25.62

27.52

29.96

76.23

MyState 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															12.69	29.96	40.58	76.23	59.49

MyState 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.

MyState (ASX:MYS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MyState Ltd (ASX:MYS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

137 Harrington Street, Level 2, Hobart, TAS, AUS, 7000

Website

https://www.mystatelimited.com.au

MyState Limited is a Tasmania-based financial company that provides banking, trustee, and funds management services. The company generates the vast majority of its profit from its banking business, which provides a range of financial services including home and personal loans, credit and debit cards, and other financial products. Home loans account for the vast majority of its loan book. The funds management segment provides trustee and funds management services through the subsidiary TPT Wealth.

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