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Audinate Group (ASX:AD8) Accounts Payable & Accrued Expense : A$3.89 Mil (As of Jun. 2024)


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What is Audinate Group Accounts Payable & Accrued Expense?

Audinate Group's quarterly accounts payable & accrued expense increased from Jun. 2023 (A$3.83 Mil) to Dec. 2023 (A$3.87 Mil) and increased from Dec. 2023 (A$3.87 Mil) to Jun. 2024 (A$3.89 Mil).

Audinate Group's annual accounts payable & accrued expense increased from Jun. 2022 (A$3.50 Mil) to Jun. 2023 (A$3.83 Mil) and increased from Jun. 2023 (A$3.83 Mil) to Jun. 2024 (A$3.89 Mil).


Audinate Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Audinate 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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Audinate Group Accounts Payable & Accrued Expense Chart

Audinate Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 3.03 2.52 3.50 3.83 3.89

Audinate Group Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 3.50 4.65 3.83 3.87 3.89

Audinate 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.


Audinate Group Business Description

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Address
64 Kippax Street, Level 7, Surry Hills, NSW, AUS, 2010
Audinate is a founder-led networking technology company for the professional AV industry. Audinate's Dante protocol is the world's most widely used protocol for digital audio networking. Over 400 OEM brands license the Dante protocol for over 4,000 products. Audinate has also started offering digital networking solutions for video equipment.

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