IVE Group (ASX:IGL) Accounts Payable & Accrued Expense : A$107.0 Mil (As of Dec. 2023)

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What is IVE Group Accounts Payable & Accrued Expense?

IVE Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$163.2 Mil) to Jun. 2023 (A$118.9 Mil) and declined from Jun. 2023 (A$118.9 Mil) to Dec. 2023 (A$107.0 Mil).

IVE Group's annual accounts payable & accrued expense increased from Jun. 2021 (A$92.8 Mil) to Jun. 2022 (A$124.4 Mil) but then declined from Jun. 2022 (A$124.4 Mil) to Jun. 2023 (A$118.9 Mil).

IVE Group Accounts Payable & Accrued Expense Historical Data

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

IVE Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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100.96

84.03

92.80

124.37

118.86

IVE Group Semi-Annual Data
	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												106.20	124.37	163.17	118.86	106.96

IVE Group 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.

IVE Group (ASX:IGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » IVE Group Ltd (ASX:IGL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

350-374 Parramatta Road, Building B, Homebush, Sydney, NSW, AUS, 2140

Website

https://www.ivegroup.com.au

IVE Group Ltd is a diversified print and marketing communications company. The principal activities of the company include conceptual and creative design across print, mobile and interactive media; catalogues, the printing of magazines, marketing, and corporate communications materials and stationery. Also, the company provides personalized communications including marketing mail, publication mail, e-communications, and multi-channel solutions. It serves sectors such as financial services, publishing, retail, communications, property, clubs and associations, not-for-profit, utilities, manufacturing, education, and government.

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