1414 Degrees (ASX:14D) Accounts Payable & Accrued Expense : A$0.24 Mil (As of Dec. 2023)

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What is 1414 Degrees Accounts Payable & Accrued Expense?

1414 Degrees's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.47 Mil) to Jun. 2023 (A$0.49 Mil) but then declined from Jun. 2023 (A$0.49 Mil) to Dec. 2023 (A$0.24 Mil).

1414 Degrees's annual accounts payable & accrued expense declined from Jun. 2021 (A$0.61 Mil) to Jun. 2022 (A$0.45 Mil) but then increased from Jun. 2022 (A$0.45 Mil) to Jun. 2023 (A$0.49 Mil).

1414 Degrees Accounts Payable & Accrued Expense Historical Data

The historical data trend for 1414 Degrees'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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1414 Degrees Accounts Payable & Accrued Expense Chart

1414 Degrees Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

0.49

0.36

0.61

0.45

0.49

1414 Degrees Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							0.71	0.45	0.47	0.49	0.24

1414 Degrees 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.

1414 Degrees (ASX:14D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » 1414 Degrees Ltd (ASX:14D) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

136 Daws Road, Melrose Park, Sydney, SA, AUS, 5039

Website

https://www.1414degrees.com.au

1414 Degrees Ltd is focused on storing and output of electric power. The company patented thermal energy storage system (TESS) storing energy as latent heat in running silicon. It delivers an output of heat and electricity is sourced from renewables or the grid and is stored as latent heat at a constant temperature. Geographically, it operates only in Australia.

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