Connected IO (ASX:CIO) Accounts Payable & Accrued Expense : A$0.02 Mil (As of Dec. 2023)

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What is Connected IO Accounts Payable & Accrued Expense?

Connected IO's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.04 Mil) to Jun. 2023 (A$0.14 Mil) but then declined from Jun. 2023 (A$0.14 Mil) to Dec. 2023 (A$0.02 Mil).

Connected IO's annual accounts payable & accrued expense declined from Jun. 2021 (A$1.28 Mil) to Jun. 2022 (A$0.12 Mil) but then increased from Jun. 2022 (A$0.12 Mil) to Jun. 2023 (A$0.14 Mil).

Connected IO Accounts Payable & Accrued Expense Historical Data

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

Connected IO Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.74

1.07

1.28

0.12

0.14

Connected IO 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															0.07	0.12	0.04	0.14	0.02

Connected IO 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.

Connected IO (ASX:CIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Connected IO Ltd (ASX:CIO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 St Georges Terrace, Level 24, Perth, WA, AUS, 6000

Website

https://www.connectedio.com

Connected IO Ltd develops wireless products for machine-to-machine (M2M) communications and Internet of Things (IoT) connectivity. The company provides embedded product engineering, software development, and industrial design services to product and technology companies in select market segments. Its product profile includes drones, wireless LAN, Employment terminals, Robotics, Kiosks, Vending machines, and others. It is focused on sales and marketing of the Group's products and further product development The Group is in the business of providing certain hardware including routers, cellular enabled products and other related hardware products. The Group generates revenue largely in the United States of America.