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Southern Cross Media Group (ASX:SXL) Accounts Payable & Accrued Expense : A$42.2 Mil (As of Dec. 2023)


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What is Southern Cross Media Group Accounts Payable & Accrued Expense?

Southern Cross Media Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$41.4 Mil) to Jun. 2023 (A$43.7 Mil) but then declined from Jun. 2023 (A$43.7 Mil) to Dec. 2023 (A$42.2 Mil).

Southern Cross Media Group's annual accounts payable & accrued expense declined from Jun. 2021 (A$56.9 Mil) to Jun. 2022 (A$48.9 Mil) and declined from Jun. 2022 (A$48.9 Mil) to Jun. 2023 (A$43.7 Mil).


Southern Cross Media Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Southern Cross Media 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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Southern Cross Media Group Accounts Payable & Accrued Expense Chart

Southern Cross Media Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.14 34.26 56.88 48.93 43.74

Southern Cross Media Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.54 48.93 41.42 43.74 42.20

Southern Cross Media 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.


Southern Cross Media Group (ASX:SXL) Business Description

Traded in Other Exchanges
N/A
Address
101 Moray Street, Level 2, South Melbourne, Melbourne, VIC, AUS, 3205
Southern Cross Media broadcasts television and radio content across Australia and generates revenue and earnings mainly from sales of airtime to advertisers. In metropolitan areas, it runs two radio networks (Hit and Triple M). In regional areas, the company runs a portfolio of radio stations and television stations. It is also investing in digital audio, which has fast-growing audiences.

Southern Cross Media Group (ASX:SXL) Headlines

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