Sky Network Television (ASX:SKT) Accounts Payable & Accrued Expense : A$101.7 Mil (As of Dec. 2023)

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What is Sky Network Television Accounts Payable & Accrued Expense?

Sky Network Television's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$130.6 Mil) to Jun. 2023 (A$122.8 Mil) and declined from Jun. 2023 (A$122.8 Mil) to Dec. 2023 (A$101.7 Mil).

Sky Network Television's annual accounts payable & accrued expense increased from Jun. 2021 (A$127.4 Mil) to Jun. 2022 (A$137.2 Mil) but then declined from Jun. 2022 (A$137.2 Mil) to Jun. 2023 (A$122.8 Mil).

Sky Network Television Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sky Network Television'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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Sky Network Television Accounts Payable & Accrued Expense Chart

Sky Network Television Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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129.34

164.45

127.43

137.16

122.83

Sky Network Television 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															120.51	137.16	130.63	122.83	101.69

Sky Network Television 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.

Sky Network Television (ASX:SKT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sky Network Television Ltd (ASX:SKT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SYKWF:USA SKT:New Zealand

Address

10 Panorama Road, Mt Wellington, Auckland, NZL, 1060

Website

https://www.sky.co.nz

Sky Network Television is the monopoly satellite pay-TV service provider in New Zealand, and distributes local and overseas content to its customers through a digital satellite network. It generates subscription and content revenue from these customers. This business is augmented by a free-to-air television channel (Prime) and expansion into other distribution channels such as online video on demand and online access to live sports.