Ricegrowers (ASX:SGLLV) Accounts Payable & Accrued Expense : A$362 Mil (As of Oct. 2023)

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What is Ricegrowers Accounts Payable & Accrued Expense?

Ricegrowers's quarterly accounts payable & accrued expense declined from Oct. 2022 (A$405 Mil) to Apr. 2023 (A$351 Mil) but then increased from Apr. 2023 (A$351 Mil) to Oct. 2023 (A$362 Mil).

Ricegrowers's annual accounts payable & accrued expense increased from Apr. 2021 (A$256 Mil) to Apr. 2022 (A$418 Mil) but then declined from Apr. 2022 (A$418 Mil) to Apr. 2023 (A$351 Mil).

Ricegrowers Accounts Payable & Accrued Expense Historical Data

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

Ricegrowers Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Accounts Payable & Accrued Expense

200.28

178.35

256.21

417.81

350.56

Ricegrowers Semi-Annual Data
	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					238.39	417.81	404.55	350.56	361.68

Ricegrowers 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.

Ricegrowers (ASX:SGLLV) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

7H0:Germany

Address

57 Yanco Avenue, Leeton, NSW, AUS, 2705

Website

https://www.sunrice.com.au

Ricegrowers Ltd is engaged in offering varieties of rice and related products. The business activities of the company are operated under Rice Food, International Rice, Rice Food, Riviana, CopRice, and Corporate segments. The principal activities of the company and its entities consist of the purchase and storage of paddy rice, the milling, processing, manufacturing, procurement, distribution, and marketing of rice and related products, animal feed and nutrition products, groceries, and others. The company generates maximum revenue from the International Rice segment.

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