Scales (NZSE:SCL) Accounts Payable & Accrued Expense : NZ$32.5 Mil (As of Dec. 2023)

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What is Scales Accounts Payable & Accrued Expense?

Scales's quarterly accounts payable & accrued expense increased from Dec. 2022 (NZ$45.7 Mil) to Jun. 2023 (NZ$74.4 Mil) but then declined from Jun. 2023 (NZ$74.4 Mil) to Dec. 2023 (NZ$32.5 Mil).

Scales's annual accounts payable & accrued expense increased from Dec. 2021 (NZ$36.9 Mil) to Dec. 2022 (NZ$45.7 Mil) but then declined from Dec. 2022 (NZ$45.7 Mil) to Dec. 2023 (NZ$32.5 Mil).

Scales Accounts Payable & Accrued Expense Historical Data

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

Scales Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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33.17

38.48

36.89

45.73

32.49

Scales 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															36.89	85.27	45.73	74.38	32.49

Scales 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.

Scales (NZSE:SCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Scales Corp Ltd (NZSE:SCL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

S05:Germany

Address

52 Cashel Street, Christchurch, NZL, 8013

Website

https://www.scalescorporation.co.nz

Scales Corp Ltd is a company engaged in agribusiness activities. It provides logistics services, grows apples, export products, provides insurance services to companies within the group, and operates logistics facilities. The operating segments of the group are Global Proteins, Horticulture, Logistics, and Others. Geographically, the company has its presence in Australia, New Zealand, USA and Others.