Careteq (ASX:CTQ) Accounts Payable & Accrued Expense : A$1.73 Mil (As of Jun. 2024)

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What is Careteq Accounts Payable & Accrued Expense?

Careteq's quarterly accounts payable & accrued expense declined from Jun. 2023 (A$2.06 Mil) to Dec. 2023 (A$2.00 Mil) and declined from Dec. 2023 (A$2.00 Mil) to Jun. 2024 (A$1.73 Mil).

Careteq's annual accounts payable & accrued expense increased from Jun. 2022 (A$1.05 Mil) to Jun. 2023 (A$2.06 Mil) but then declined from Jun. 2023 (A$2.06 Mil) to Jun. 2024 (A$1.73 Mil).

Careteq Accounts Payable & Accrued Expense Historical Data

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

Careteq Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

1.98

1.05

2.06

1.73

Careteq Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	1.05	1.28	2.06	2.00	1.73

Careteq 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.

Careteq Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Careteq Ltd (ASX:CTQ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

525 Flinders Street, Level 8, Melbourne, VIC, AUS, 3000

Website

https://www.careteq.com.au

Careteq Ltd is focused on delivering technology solutions for Health and Aged Care. Its solution eazense employs radar technology that provides continuous non-invasive monitoring, allowing care resources to be managed efficiently. The company's other solutions include Sofihub and Wardmm. Its operating segments are Careteq Ltd, Careteq International Inc (USA) and Embedded Health Solutions.

Careteq Headlines

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