Foresta Group Holdings (ASX:FGH) Accounts Payable & Accrued Expense : A$0.34 Mil (As of Dec. 2023)

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What is Foresta Group Holdings Accounts Payable & Accrued Expense?

Foresta Group Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$0.49 Mil) to Jun. 2023 (A$0.36 Mil) and declined from Jun. 2023 (A$0.36 Mil) to Dec. 2023 (A$0.34 Mil).

Foresta Group Holdings's annual accounts payable & accrued expense declined from Jun. 2021 (A$1.16 Mil) to Jun. 2022 (A$1.06 Mil) and declined from Jun. 2022 (A$1.06 Mil) to Jun. 2023 (A$0.36 Mil).

Foresta Group Holdings Accounts Payable & Accrued Expense Historical Data

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

Foresta Group Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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1.29

0.65

1.16

1.06

0.36

Foresta Group Holdings 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															0.48	1.06	0.49	0.36	0.34

Foresta Group 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.

Foresta Group Holdings (ASX:FGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Foresta Group Holdings Ltd (ASX:FGH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 10/12 Kelly Court, Maryborough, QLD, AUS, 4650

Website

https://www.leafresources.com.au

Foresta Group Holdings Ltd is engaged in research and development of environmentally sustainable methods of extracting wood chemicals on an industrial level. The company has one operating segment, namely, the Commercialization of Technology and Development. The products of the company involve; Natural Wood turpentine, Natural Wood Rosin and Wood Pellets. The company generates its maximum revenue from Woodchips.