Phoslock Environmental Technologies (ASX:PET) Accounts Payable & Accrued Expense

: A$1.62 Mil (As of Jun. 2023)

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Phoslock Environmental Technologies's quarterly accounts payable & accrued expense increased from Jun. 2022 (A$1.45 Mil) to Dec. 2022 (A$2.10 Mil) but then declined from Dec. 2022 (A$2.10 Mil) to Jun. 2023 (A$1.62 Mil).

Phoslock Environmental Technologies's annual accounts payable & accrued expense declined from Dec. 2020 (A$3.82 Mil) to Dec. 2021 (A$2.94 Mil) and declined from Dec. 2021 (A$2.94 Mil) to Dec. 2022 (A$2.10 Mil).

Phoslock Environmental Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Phoslock Environmental Technologies'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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Phoslock Environmental Technologies Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

4.50

6.48

3.82

2.94

2.10

Phoslock Environmental Technologies Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense																3.61	2.94	1.45	2.10	1.62

Phoslock Environmental Technologies 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.

Phoslock Environmental Technologies (ASX:PET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Phoslock Environmental Technologies Ltd (ASX:PET) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

650 Chapel Street, Unit D, Level 2, Como Centre, South Yarra, VIC, AUS, 3141

Website

https://www.phoslock.com.au

Phoslock Environmental Technologies Ltd provides water technologies and engineering solutions to manage nutrients and other water pollutants. The company has several products to manage unhealthy water bodies and promote healthy aquatic environments. Its business includes the sale of Phoslock granules and application services and lake restoration consulting services. The geographical segments of the group are Australia/New Zealand, Europe/UK, US/Canada/Brazil and China.