HUB24 (ASX:HUB) Accounts Payable & Accrued Expense : A$13.9 Mil (As of Dec. 2023)

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What is HUB24 Accounts Payable & Accrued Expense?

HUB24's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$13.6 Mil) to Jun. 2023 (A$16.6 Mil) but then declined from Jun. 2023 (A$16.6 Mil) to Dec. 2023 (A$13.9 Mil).

HUB24's annual accounts payable & accrued expense increased from Jun. 2021 (A$9.1 Mil) to Jun. 2022 (A$13.9 Mil) and increased from Jun. 2022 (A$13.9 Mil) to Jun. 2023 (A$16.6 Mil).

HUB24 Accounts Payable & Accrued Expense Historical Data

The historical data trend for HUB24'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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HUB24 Accounts Payable & Accrued Expense Chart

HUB24 Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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3.36

5.37

9.10

13.95

16.63

HUB24 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															6.68	13.95	13.62	16.63	13.86

HUB24 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.

HUB24 (ASX:HUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » HUB24 Ltd (ASX:HUB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Macquarie Place, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.hub24.com.au

Hub24 is a diversified financial services business. The firm's core platform segment engages in the development and provision of custodial and noncustodial administration services to financial advisers, stockbrokers, accountants, and their clients. The tech solutions segment provides a range of technology and data services, as well as cloud-based software. Hub24 serves individuals, companies, trusts, associations, or self-managed superannuation funds. The firm has 6.3% share of the Australian platform market, in contrast to the largest five providers with an average market share of 14.5% each.

HUB24 (ASX:HUB) Headlines

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