Plenti Group (ASX:PLT) Accounts Payable & Accrued Expense : A$5.3 Mil (As of Mar. 2024)

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What is Plenti Group Accounts Payable & Accrued Expense?

Plenti Group's quarterly accounts payable & accrued expense increased from Mar. 2023 (A$5.0 Mil) to Sep. 2023 (A$5.8 Mil) but then declined from Sep. 2023 (A$5.8 Mil) to Mar. 2024 (A$5.3 Mil).

Plenti Group's annual accounts payable & accrued expense declined from Mar. 2022 (A$5.5 Mil) to Mar. 2023 (A$5.0 Mil) but then increased from Mar. 2023 (A$5.0 Mil) to Mar. 2024 (A$5.3 Mil).

Plenti Group Accounts Payable & Accrued Expense Historical Data

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

Plenti Group Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

3.45

4.64

5.45

4.96

5.34

Plenti Group Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			5.45	5.86	4.96	5.76	5.34

Plenti 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.

Plenti Group (ASX:PLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Plenti Group Ltd (ASX:PLT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Martin Place, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.plenti.com.au

Plenti Group Ltd is a technology-led consumer lending and investment company. The company offers loan products under three verticals namely, Automotive lending provides finance to personal and commercial customers for the purchase of new or used motor vehicles; Renewable energy lending provides finance to Australian households for the purchase and installation of renewable energy products such as solar panels and batteries; and Personal lending provides fixed-term, unsecured, interest-bearing loans used for purposes such as debt consolidation, home improvement, travel expenses, major events, medical expenses, and other purposes.

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