WAM Microcap (ASX:WMI) Accounts Payable & Accrued Expense : A$0.91 Mil (As of Dec. 2023)

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What is WAM Microcap Accounts Payable & Accrued Expense?

WAM Microcap's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$2.75 Mil) to Jun. 2023 (A$8.09 Mil) but then declined from Jun. 2023 (A$8.09 Mil) to Dec. 2023 (A$0.91 Mil).

WAM Microcap's annual accounts payable & accrued expense declined from Jun. 2021 (A$19.81 Mil) to Jun. 2022 (A$2.91 Mil) but then increased from Jun. 2022 (A$2.91 Mil) to Jun. 2023 (A$8.09 Mil).

WAM Microcap Accounts Payable & Accrued Expense Historical Data

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

WAM Microcap Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

7.83

9.94

19.81

2.91

8.09

WAM Microcap Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							8.97	2.91	2.75	8.09	0.91

WAM Microcap 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.

WAM Microcap (ASX:WMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » WAM Microcap Ltd (ASX:WMI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 26, Governor Phillip Tower, 1 Farrer Place, Sydney, NSW, AUS, 2000

Website

https://www.wilsonassetmanagement.com.au

WAM Microcap Ltd is an asset management company based in Australia. The company engages in investing activities, including cash, term deposits and equity investments. The principal activity of the Company is making investments in listed companies. Its investment objectives are to deliver a stream of fully franked dividends; to provide capital growth, and to preserve capital.

WAM Microcap (ASX:WMI) Headlines

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