Collection House (ASX:CLH) Accounts Payable & Accrued Expense : A$7.59 Mil (As of Dec. 2021)

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What is Collection House Accounts Payable & Accrued Expense?

Collection House's quarterly accounts payable & accrued expense declined from Dec. 2020 (A$18.42 Mil) to Jun. 2021 (A$9.06 Mil) and declined from Jun. 2021 (A$9.06 Mil) to Dec. 2021 (A$7.59 Mil).

Collection House's annual accounts payable & accrued expense declined from Jun. 2019 (A$14.61 Mil) to Jun. 2020 (A$13.21 Mil) and declined from Jun. 2020 (A$13.21 Mil) to Jun. 2021 (A$9.06 Mil).

Collection House Accounts Payable & Accrued Expense Historical Data

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

Collection House Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Accounts Payable & Accrued Expense

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10.94

14.40

14.61

13.21

9.06

Collection House Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															10.67	13.21	18.42	9.06	7.59

Collection House 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.

Collection House (ASX:CLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Collection House Ltd (ASX:CLH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

100 Skyring Terrace, Level 12, Newstead, QLD, AUS, 4006

Website

https://www.collectionhouse.com.au

Collection House Ltd provides debt collection and receivables management services. It offers receivables management, debt collection, debt purchasing, legal services, financial services training, customer service outsourcing among other services.