Alliance Entertainment Holding (Alliance Entertainment Holding) Accounts Payable & Accrued Expense : $140 Mil (As of Mar. 2024)

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What is Alliance Entertainment Holding Accounts Payable & Accrued Expense?

Alliance Entertainment Holding's quarterly accounts payable & accrued expense increased from Sep. 2023 ($171 Mil) to Dec. 2023 ($220 Mil) but then declined from Dec. 2023 ($220 Mil) to Mar. 2024 ($140 Mil).

Alliance Entertainment Holding's annual accounts payable & accrued expense declined from Jun. 2021 ($230 Mil) to Jun. 2022 ($210 Mil) and declined from Jun. 2022 ($210 Mil) to Jun. 2023 ($161 Mil).

Alliance Entertainment Holding Accounts Payable & Accrued Expense Historical Data

The historical data trend for Alliance Entertainment Holding'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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Alliance Entertainment Holding Accounts Payable & Accrued Expense Chart

Alliance Entertainment Holding Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

230.17

210.18

160.96

Alliance Entertainment Holding Quarterly Data
	Jun20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							159.59	160.96	170.71	220.28	139.86

Alliance Entertainment Holding 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.

Alliance Entertainment Holding (Alliance Entertainment Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Alliance Entertainment Holding Corp (NAS:AENT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

8201 Peters Road, Suite 1000, Plantation, FL, USA, 33324

Website

https://www.aent.com

Alliance Entertainment Holding Corp is a top tier distributor of music, movies, and consumer electronics. It offers more than 485,000 SKU products, consisting of vinyl records, compact discs, DVDs, Blu-rays, and video games. The company serves customers of every size, providing a suite of services to resellers and retailers around the world.