Future Generation Investment Co (ASX:FGX) Accounts Payable & Accrued Expense : A$0.40 Mil (As of Dec. 2023)

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What is Future Generation Investment Co Accounts Payable & Accrued Expense?

Future Generation Investment Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$0.44 Mil) to Jun. 2023 (A$0.30 Mil) but then increased from Jun. 2023 (A$0.30 Mil) to Dec. 2023 (A$0.40 Mil).

Future Generation Investment Co's annual accounts payable & accrued expense increased from Dec. 2021 (A$0.28 Mil) to Dec. 2022 (A$0.44 Mil) but then declined from Dec. 2022 (A$0.44 Mil) to Dec. 2023 (A$0.40 Mil).

Future Generation Investment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Future Generation Investment Co'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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Future Generation Investment Co Accounts Payable & Accrued Expense Chart

Future Generation Investment Co Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.11

0.09

0.28

0.44

0.40

Future Generation Investment Co 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															0.28	0.30	0.44	0.30	0.40

Future Generation Investment Co 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.

Future Generation Investment Co (ASX:FGX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Future Generation Investment Co Ltd (ASX:FGX) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Governor Phillip Tower, Level 26, 1 Farrer Place, Sydney, NSW, AUS, 2000

Website

https://www.futuregeninvest.com.au

Future Generation Investment Co Ltd is an investment company. The company's investment objectives are to provide shareholders with a growing stream of fully franked dividends, achieve long-term capital growth and preserve shareholder capital.

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