Namoi Cotton (ASX:NAM) Accounts Payable & Accrued Expense : A$7.0 Mil (As of Feb. 2024)

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What is Namoi Cotton Accounts Payable & Accrued Expense?

Namoi Cotton's quarterly accounts payable & accrued expense increased from Feb. 2023 (A$13.1 Mil) to Aug. 2023 (A$24.7 Mil) but then declined from Aug. 2023 (A$24.7 Mil) to Feb. 2024 (A$7.0 Mil).

Namoi Cotton's annual accounts payable & accrued expense increased from Feb. 2022 (A$5.7 Mil) to Feb. 2023 (A$13.1 Mil) but then declined from Feb. 2023 (A$13.1 Mil) to Feb. 2024 (A$7.0 Mil).

Namoi Cotton Accounts Payable & Accrued Expense Historical Data

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

Namoi Cotton Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Accounts Payable & Accrued Expense

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4.18

4.32

5.66

13.08

7.03

Namoi Cotton Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5.66	30.66	13.08	24.73	7.03

Namoi Cotton 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.

Namoi Cotton (ASX:NAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Namoi Cotton Ltd (ASX:NAM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

259 Ruthven Street, Toowoomba, QLD, AUS, 4350

Website

https://www.namoicotton.com.au

Namoi Cotton Ltd is engaged in the processing of cotton. The company is involved in the provision of cotton ginning services to cotton farmers, the marketing of cotton seed and by-products of the ginning process and, participation in the marketing of cotton lint bales. Its operating divisions are Ginning Services and Supply Chain & Marketing. The firm generates a majority of its revenue from the Ginning services.

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