Nine Entertainment Co. Holdings (ASX:NEC) Accounts Payable & Accrued Expense : A$517 Mil (As of Dec. 2023)

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What is Nine Entertainment Co. Holdings Accounts Payable & Accrued Expense?

Nine Entertainment Co. Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$493 Mil) to Jun. 2023 (A$444 Mil) but then increased from Jun. 2023 (A$444 Mil) to Dec. 2023 (A$517 Mil).

Nine Entertainment Co. Holdings's annual accounts payable & accrued expense increased from Jun. 2021 (A$475 Mil) to Jun. 2022 (A$530 Mil) but then declined from Jun. 2022 (A$530 Mil) to Jun. 2023 (A$444 Mil).

Nine Entertainment Co. Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nine Entertainment Co. Holdings'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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Nine Entertainment Co. Holdings Accounts Payable & Accrued Expense Chart

Nine Entertainment Co. Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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433.14

370.53

475.03

530.11

444.00

Nine Entertainment Co. Holdings 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															469.08	530.11	493.49	444.00	516.74

Nine Entertainment Co. Holdings 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.

Nine Entertainment Co. Holdings (ASX:NEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nine Entertainment Co. Holdings Ltd (ASX:NEC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

NEE:Germany

Address

1 Denison Street, Level 9, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.nineforbrands.com.au

Nine Entertainment operates Nine Network, a free-to-air TV network across five capital cities, as well as in regional Northern New South Wales and Darwin. It also owns 9Now, a leading broadcast video on demand operation in Australia. The merger with Fairfax combines Nine's top-ranked TV network and the second-largest newspaper group, topped with a collection of quality digital assets in Nine Digital, subscription video on demand operator Stan, and Fairfax's 60%-owned Domain. It ensures the merged entity remains prominent in the eyes of audiences and advertisers.

Nine Entertainment Co. Holdings (ASX:NEC) Headlines

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