Globe International (ASX:GLB) Accounts Payable & Accrued Expense : A$32.1 Mil (As of Dec. 2023)

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What is Globe International Accounts Payable & Accrued Expense?

Globe International's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$32.8 Mil) to Jun. 2023 (A$27.8 Mil) but then increased from Jun. 2023 (A$27.8 Mil) to Dec. 2023 (A$32.1 Mil).

Globe International's annual accounts payable & accrued expense declined from Jun. 2021 (A$47.4 Mil) to Jun. 2022 (A$41.1 Mil) and declined from Jun. 2022 (A$41.1 Mil) to Jun. 2023 (A$27.8 Mil).

Globe International Accounts Payable & Accrued Expense Historical Data

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

Globe International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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27.09

23.73

47.42

41.05

27.75

Globe International 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															38.88	41.05	32.78	27.75	32.12

Globe International 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.

Globe International (ASX:GLB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Globe International Ltd (ASX:GLB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Fennell Street, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

https://www.globecorporate.com

Globe International Ltd is an Australia-based company that operates in the apparel business. The company is primarily engaged in the production and distribution of purpose-built apparel, footwear, and hard goods for the board sports, street fashion, and workwear markets. Its geographical segments include Australasia, North America, and Europe. The company derives a majority of its revenue from Australasia.

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