Resource Development Group (ASX:RDG) Accounts Payable & Accrued Expense : A$24.0 Mil (As of Dec. 2024)

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What is Resource Development Group Accounts Payable & Accrued Expense?

Resource Development Group's quarterly accounts payable & accrued expense increased from Dec. 2023 (A$25.3 Mil) to Jun. 2024 (A$35.1 Mil) but then declined from Jun. 2024 (A$35.1 Mil) to Dec. 2024 (A$24.0 Mil).

Resource Development Group's annual accounts payable & accrued expense declined from Jun. 2022 (A$19.8 Mil) to Jun. 2023 (A$15.6 Mil) but then increased from Jun. 2023 (A$15.6 Mil) to Jun. 2024 (A$35.1 Mil).

Resource Development Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Resource Development 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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Resource Development Group Accounts Payable & Accrued Expense Chart

Resource Development Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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6.36

27.38

19.76

15.64

35.12

Resource Development Group 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															14.12	15.64	25.29	35.12	23.97

Resource Development 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.

Resource Development Group Business Description

Industry

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Traded in Other Exchanges

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Address

Level 3, 14 Walters Drive, Osborne Park, Perth, WA, AUS, 6017

Website

https://www.resdevgroup.com.au

Resource Development Group Ltd provides contracting, remedial and construction services to the mining and oil and gas sectors within Australia as well as residential building and development. Its business division includes the Construction segment generating, a majority of the firm's revenue, Mining Segment and Others The company provides multi-disciplinary construction services; ancillary, remedial, and protective maintenance services; EPCM, PMC, or integrated team project delivery solutions; EPC project delivery solutions; design and construct package delivery solutions, and optimizing services. It also provides services to the resource, infrastructure, energy, government, utilities and defence sectors within Australia.

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