Ridley (ASX:RIC) Accounts Payable & Accrued Expense : A$196 Mil (As of Dec. 2023)

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What is Ridley Accounts Payable & Accrued Expense?

Ridley's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$221 Mil) to Jun. 2023 (A$205 Mil) and declined from Jun. 2023 (A$205 Mil) to Dec. 2023 (A$196 Mil).

Ridley's annual accounts payable & accrued expense increased from Jun. 2021 (A$170 Mil) to Jun. 2022 (A$207 Mil) but then declined from Jun. 2022 (A$207 Mil) to Jun. 2023 (A$205 Mil).

Ridley Accounts Payable & Accrued Expense Historical Data

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

Ridley Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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158.76

161.25

169.75

206.63

205.19

Ridley 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															177.56	206.63	221.02	205.19	195.98

Ridley 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.

Ridley (ASX:RIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ridley Corp Ltd (ASX:RIC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RIDYF:USA RI6:Germany

Address

565 Bourke Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.ridley.com.au

Ridley Corp Ltd engages in the production and marketing of stock feed and animal feed supplements. The company's operating segments include Bulk Stockfeeds and Packaged Feeds and Ingredients. The Bulk Stockfeeds segment comprises the Group's animal nutrition stockfeed solutions delivered in bulk. This includes monogastric and ruminant feeds, such as pellets, meals, concentrates, and premixes for poultry, pigs, dairy cattle, beef cattle, and sheep. Packaged Feeds and Ingredients segment comprises the Group's animal nutrition feed and ingredient solutions delivered in packaged form. This includes bagged poultry, dairy, dog, horse, and lifestyle animal feeds, as well as block and loose lick supplements; and aquafeed. It generates the majority of its revenue from the Bulk Stockfeeds segment.

Ridley (ASX:RIC) Headlines

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