Bravura Solutions (ASX:BVS) Accounts Payable & Accrued Expense : A$9.2 Mil (As of Dec. 2023)

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What is Bravura Solutions Accounts Payable & Accrued Expense?

Bravura Solutions's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$11.4 Mil) to Jun. 2023 (A$17.9 Mil) but then declined from Jun. 2023 (A$17.9 Mil) to Dec. 2023 (A$9.2 Mil).

Bravura Solutions's annual accounts payable & accrued expense increased from Jun. 2021 (A$13.5 Mil) to Jun. 2022 (A$15.7 Mil) and increased from Jun. 2022 (A$15.7 Mil) to Jun. 2023 (A$17.9 Mil).

Bravura Solutions Accounts Payable & Accrued Expense Historical Data

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

Bravura Solutions Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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11.61

12.94

13.45

15.74

17.89

Bravura Solutions Semi-Annual Data
	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										9.52	15.74	11.43	17.89	9.16

Bravura Solutions 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.

Bravura Solutions (ASX:BVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bravura Solutions Ltd (ASX:BVS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

BRA:Germany

Address

345 George Street, Level 6, Sydney, NSW, AUS, 2000

Website

https://www.bravurasolutions.com

Bravura Solutions Ltd is engaged in the development, licensing and maintenance of highly specialized administration and management software applications as well as the provision of professional consulting services. It has two operating segments: Wealth Management and Funds Administration. The company generates maximum revenue from the Wealth Management segment. Wealth Management segment platforms provide end-to-end processing to support all back-office functions relating to the daily management of superannuation, pensions, life insurance, investment, private wealth and portfolio administration. Geographically, it derives a majority of revenue from Australia and also has a presence in the UK, New Zealand, and Other Countries.