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Altech Batteries (ASX:ATC) Accounts Payable & Accrued Expense : A$3.82 Mil (As of Dec. 2024)


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What is Altech Batteries Accounts Payable & Accrued Expense?

Altech Batteries's quarterly accounts payable & accrued expense declined from Dec. 2023 (A$6.10 Mil) to Jun. 2024 (A$5.64 Mil) and declined from Jun. 2024 (A$5.64 Mil) to Dec. 2024 (A$3.82 Mil).

Altech Batteries's annual accounts payable & accrued expense increased from Jun. 2022 (A$0.41 Mil) to Jun. 2023 (A$6.33 Mil) but then declined from Jun. 2023 (A$6.33 Mil) to Jun. 2024 (A$5.64 Mil).


Altech Batteries Accounts Payable & Accrued Expense Historical Data

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

Altech Batteries Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.57 0.43 0.41 6.33 5.64

Altech Batteries Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 3.70 6.33 6.10 5.64 3.82

Altech Batteries 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.


Altech Batteries Business Description

Industry
Traded in Other Exchanges
Address
295 Rokeby Road, Suite 8, Subiaco, Perth, WA, AUS, 6008
Altech Batteries Ltd is a specialty battery technology company. It is engaged in commercializing the CERENERGY Sodium Chloride Solid State (SCSS) Battery project planned for the grid storage battery market, as well as its patented Silumina Anodes battery materials coating technology, which aims to increase the capacity of lithium-ion batteries by including high-purity alumina coated silicon and graphite in the anode of the battery. The company operates four reportable segments, being the development of Silumina Anodes, CERENERGY, High Purity Alumina (HPA), and Corporate which derives maximum revenue. Geographically, a majority of its revenue is derived from Australia, and the company also has a presence in Germany and Malaysia.