ARB (ASX:ARB) Accounts Payable & Accrued Expense : A$62.9 Mil (As of Jun. 2024)

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What is ARB Accounts Payable & Accrued Expense?

ARB's quarterly accounts payable & accrued expense increased from Jun. 2023 (A$57.6 Mil) to Dec. 2023 (A$60.2 Mil) and increased from Dec. 2023 (A$60.2 Mil) to Jun. 2024 (A$62.9 Mil).

ARB's annual accounts payable & accrued expense declined from Jun. 2022 (A$63.1 Mil) to Jun. 2023 (A$57.6 Mil) but then increased from Jun. 2023 (A$57.6 Mil) to Jun. 2024 (A$62.9 Mil).

ARB Accounts Payable & Accrued Expense Historical Data

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

ARB Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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35.71

73.23

63.06

57.63

62.88

ARB Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	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															63.06	62.59	57.63	60.22	62.88

ARB 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.

ARB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ARB Corp Ltd (ASX:ARB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

42-44 Garden Street, Kilsyth, Melbourne, VIC, AUS, 3137

Website

https://www.arb.com.au

ARB Corporation designs, manufactures, and distributes four-wheel-drive and light commercial vehicle accessories. The firm has carved a niche with aftermarket accessories including bull bars, suspension systems, differentials, and lighting. ARB operates manufacturing plants in Australia and Thailand; sales and distribution centres across several countries. The Australian division, which generates the vast majority of group earnings, distributes through the ARB store network, ARB stockists, new vehicle dealers, and fleet operators.