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Codan (ASX:CDA) Accounts Payable & Accrued Expense : A$131.9 Mil (As of Dec. 2024)


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What is Codan Accounts Payable & Accrued Expense?

Codan's quarterly accounts payable & accrued expense increased from Dec. 2023 (A$108.7 Mil) to Jun. 2024 (A$126.4 Mil) and increased from Jun. 2024 (A$126.4 Mil) to Dec. 2024 (A$131.9 Mil).

Codan's annual accounts payable & accrued expense increased from Jun. 2022 (A$95.8 Mil) to Jun. 2023 (A$110.8 Mil) and increased from Jun. 2023 (A$110.8 Mil) to Jun. 2024 (A$126.4 Mil).


Codan Accounts Payable & Accrued Expense Historical Data

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

Codan Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.04 106.52 95.81 110.83 126.43

Codan Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.61 110.83 108.67 126.43 131.90

Codan 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.


Codan Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Codan Ltd (ASX:CDA) » Definitions » Accounts Payable & Accrued Expense
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Address
Technology Park, 2 Second Avenue, Mawson Lakes, SA, AUS, 5095
Codan designs and sells communication products and metal detection devices. Its global customer base includes military, security, emergency responders, broadcasters, government, humanitarian organizations, utilities, and mining. Earnings are skewed to its communication business. This business provides command center technology used to coordinate public transport, emergency services, utilities, and broadcasting. Codan also produces lightweight radios, suitable for attaching to drones. In metal detection, it produces hand-held metal detection devices, sold to organizations and individuals such as gold prospectors and hobbyist treasure hunters. Customers also use this equipment for safety and security. About half of group revenue comes from North America and one fourth is from Europe.

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