Appen (ASX:APX) Accounts Payable & Accrued Expense : A$40.7 Mil (As of Dec. 2023)

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What is Appen Accounts Payable & Accrued Expense?

Appen's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$58.9 Mil) to Jun. 2023 (A$54.9 Mil) and declined from Jun. 2023 (A$54.9 Mil) to Dec. 2023 (A$40.7 Mil).

Appen's annual accounts payable & accrued expense increased from Dec. 2021 (A$58.2 Mil) to Dec. 2022 (A$58.9 Mil) but then declined from Dec. 2022 (A$58.9 Mil) to Dec. 2023 (A$40.7 Mil).

Appen Accounts Payable & Accrued Expense Historical Data

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

Appen Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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61.41

58.50

58.17

58.90

40.69

Appen Semi-Annual Data
	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													58.17	49.56	58.90	54.95	40.69

Appen 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.

Appen (ASX:APX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Appen Ltd (ASX:APX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

APXYY:USA APPEF:USA 433:Germany

Address

9 Help Street, Level 6, Chatswood, Sydney, NSW, AUS, 2067

Website

https://www.appen.com

Appen Ltd is engaged in the provision of quality data solutions and services for machine learning and artificial intelligence applications for technology companies, auto manufacturers and government agencies. The company's business segments are Global services and New markets. It generates maximum revenue from the Global services segment. Geographically, it derives a majority of its revenue from the united states of America.

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