Australian Vintage (ASX:AVG) Accounts Payable & Accrued Expense : A$39.9 Mil (As of Dec. 2023)

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What is Australian Vintage Accounts Payable & Accrued Expense?

Australian Vintage's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$42.6 Mil) to Jun. 2023 (A$50.5 Mil) but then declined from Jun. 2023 (A$50.5 Mil) to Dec. 2023 (A$39.9 Mil).

Australian Vintage's annual accounts payable & accrued expense increased from Jun. 2021 (A$57.7 Mil) to Jun. 2022 (A$63.2 Mil) but then declined from Jun. 2022 (A$63.2 Mil) to Jun. 2023 (A$50.5 Mil).

Australian Vintage Accounts Payable & Accrued Expense Historical Data

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

Australian Vintage Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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59.35

50.55

57.73

63.21

50.46

Australian Vintage Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															36.90	63.21	42.58	50.46	39.87

Australian Vintage 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.

Australian Vintage (ASX:AVG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Australian Vintage Ltd (ASX:AVG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MGE:Germany

Address

275 Sir Donald Bradman Drive, Cowandilla, Adelaide, SA, AUS, 5033

Website

https://www.australianvintage.com.au

Australian Vintage Ltd is principally engaged in winemaking, wine marketing, and vineyard management in Australia. Its geographical segments are Australia / New Zealand; UK, Europe and Americas, and Asia. The company derives a majority of revenue from UK, Europe and Americas segment. UK, Europe and Americas segment is engaged in the packaging, sales, and marketing of wine in the United Kingdom, Europe and the Americas through wholesale, distributor and retail channels.

Australian Vintage (ASX:AVG) Headlines

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