SmartPay Holdings (NZSE:SPY) Accounts Payable & Accrued Expense : NZ$79.43 Mil (As of Mar. 2024)

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What is SmartPay Holdings Accounts Payable & Accrued Expense?

SmartPay Holdings's quarterly accounts payable & accrued expense increased from Mar. 2023 (NZ$29.78 Mil) to Sep. 2023 (NZ$52.93 Mil) and increased from Sep. 2023 (NZ$52.93 Mil) to Mar. 2024 (NZ$79.43 Mil).

SmartPay Holdings's annual accounts payable & accrued expense increased from Mar. 2022 (NZ$17.36 Mil) to Mar. 2023 (NZ$29.78 Mil) and increased from Mar. 2023 (NZ$29.78 Mil) to Mar. 2024 (NZ$79.43 Mil).

SmartPay Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for SmartPay 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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SmartPay Holdings Accounts Payable & Accrued Expense Chart

SmartPay Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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5.43

11.46

17.36

29.78

79.43

SmartPay Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															17.36	28.84	29.78	52.93	79.43

SmartPay 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.

SmartPay Holdings (NZSE:SPY) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » SmartPay Holdings Ltd (NZSE:SPY) » Definitions » Accounts Payable & Accrued Expense

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SMP:Australia

Address

205-209 Wairau Road, Wairau Valley, Auckland, NZL, 0627

Website

https://www.smartpay.co.nz

SmartPay Holdings Ltd is engaged in the provision of payment solutions. It offers an electronic funds transfer at point of sale (EFTPOS) system. Its products include EFTPOS applications, Smartpay Labs, EFTPOS terminals, and mobile EFTPOS machines. The company designs develops and implements payment solutions for customers in New Zealand and Australia. It also licenses its technologies to third parties. The firm's majority of revenue comes from New Zealand.