Goodman Group (ASX:GMG) Accounts Payable & Accrued Expense : A$266 Mil (As of Dec. 2023)

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What is Goodman Group Accounts Payable & Accrued Expense?

Goodman Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$635 Mil) to Jun. 2023 (A$966 Mil) but then declined from Jun. 2023 (A$966 Mil) to Dec. 2023 (A$266 Mil).

Goodman Group's annual accounts payable & accrued expense increased from Jun. 2021 (A$843 Mil) to Jun. 2022 (A$887 Mil) and increased from Jun. 2022 (A$887 Mil) to Jun. 2023 (A$966 Mil).

Goodman Group Accounts Payable & Accrued Expense Historical Data

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

Goodman Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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725.40

858.80

843.00

886.50

965.90

Goodman Group 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															626.00	886.50	635.00	965.90	265.90

Goodman Group 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.

Goodman Group (ASX:GMG) Business Description

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Traded in Other Exchanges

GMGSF:USA

Address

1-11 Hayes Road, The Hayesbery, Rosebery, Sydney, NSW, AUS, 2018

Website

https://www.goodman.com

Goodman Group develops and manages industrial property investments worldwide. Rather than taking all risks on its own balance sheet, most Goodman developments are on behalf of end-user tenants, and funds management clients. A typical deal involves purchasing land for a tenant who wants to occupy the site, and/or an investor who will own the asset via a Goodman investment vehicle. Goodman charges leasing fees for locking in tenants, and fees for managing the development. Completed projects reside in Goodman investment vehicles, and Goodman charges asset and investment management fees to investors, in return for collecting rent and managing the site. Goodman retains a minority stake in many projects, generating rental income and aligning its interests with its funds management clients.

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