Technology One (ASX:TNE) Accounts Payable & Accrued Expense : A$49.2 Mil (As of Sep. 2023)

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What is Technology One Accounts Payable & Accrued Expense?

Technology One's quarterly accounts payable & accrued expense declined from Sep. 2022 (A$48.6 Mil) to Mar. 2023 (A$41.4 Mil) but then increased from Mar. 2023 (A$41.4 Mil) to Sep. 2023 (A$49.2 Mil).

Technology One's annual accounts payable & accrued expense increased from Sep. 2021 (A$36.6 Mil) to Sep. 2022 (A$48.6 Mil) and increased from Sep. 2022 (A$48.6 Mil) to Sep. 2023 (A$49.2 Mil).

Technology One Accounts Payable & Accrued Expense Historical Data

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

Technology One Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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47.29

37.12

36.57

48.56

49.25

Technology One Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															36.57	30.45	48.56	41.41	49.25

Technology One 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.

Technology One (ASX:TNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Technology One Ltd (ASX:TNE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

THNOF:USA RW8:Germany

Address

540 Wickham Street, Level 11, Fortitude Valley, Brisbane, QLD, AUS, 4006

Website

https://www.technologyonecorp.com

Technology One is a technology company providing enterprise resource planning software, primarily to governments, education institutions, and healthcare organizations in Australia, New Zealand, and the United Kingdom. Over the past three decades, Technology One has successfully carved out its niche, boasting dominant market shares in some of its key verticals, world-leading annual customer retention rates of over 99% and a consistently growing number of products used per customer.

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