Articore Group (ASX:ATG) Accounts Payable & Accrued Expense : A$92.2 Mil (As of Dec. 2023)

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What is Articore Group Accounts Payable & Accrued Expense?

Articore Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$100.1 Mil) to Jun. 2023 (A$53.3 Mil) but then increased from Jun. 2023 (A$53.3 Mil) to Dec. 2023 (A$92.2 Mil).

Articore Group's annual accounts payable & accrued expense increased from Jun. 2021 (A$47.5 Mil) to Jun. 2022 (A$59.6 Mil) but then declined from Jun. 2022 (A$59.6 Mil) to Jun. 2023 (A$53.3 Mil).

Articore Group Accounts Payable & Accrued Expense Historical Data

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

Articore Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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26.52

44.99

47.47

59.62

53.34

Articore Group Semi-Annual Data
	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											91.43	59.62	100.11	53.34	92.16

Articore Group 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.

Articore Group (ASX:ATG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Articore Group Ltd (ASX:ATG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RDBBF:USA WAB0:Germany

Address

697 Collins Street, Level 12, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.redbubble.com

Articore Group Ltd is an online marketplace that facilitates the sale and purchase of art and designs on a range of products between independent creatives and consumers. The name of the marketplace is Redbubble.com and TeePublic.com. The products are produced and shipped by third-party service providers (i.e. product manufacturers, printers, and shipping companies) referred to as fulfillers. The company's primary geographic markets are Australia, the United States, the United Kingdom, and the rest of the world. The majority of its revenue is derived from the United States.

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