Goodman Group (ASX:GMG) Accounts Payable & Accrued Expense : A$729 Mil (As of Dec. 2024)

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What is Goodman Group Accounts Payable & Accrued Expense?

Goodman Group's quarterly accounts payable & accrued expense increased from Dec. 2023 (A$751 Mil) to Jun. 2024 (A$1,122 Mil) but then declined from Jun. 2024 (A$1,122 Mil) to Dec. 2024 (A$729 Mil).

Goodman Group's annual accounts payable & accrued expense increased from Jun. 2022 (A$887 Mil) to Jun. 2023 (A$1,559 Mil) but then declined from Jun. 2023 (A$1,559 Mil) to Jun. 2024 (A$1,122 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

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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858.80

843.00

886.50

1,558.90

1,122.10

Goodman Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															635.00	1,558.90	750.60	1,122.10	729.40

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 Business Description

Industry

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Traded in Other Exchanges

GMGSF:USA MY4:Germany

Address

1-11 Hayes Road, The Hayesbery, Rosebery, GPO Box 4703, Sydney, NSW, AUS, 2018

Website

https://www.goodman.com

Goodman Group owns, manages, and develops industrial properties in 14 countries, historically in Australia but increasingly worldwide. Around half of its operating earnings come from development, a third from management, and the rest from property investment. Most developments are undertaken on behalf of third parties or funds investors. Goodman earns fees in return for development management services. Completed projects either are sold or reside in one of Goodman's funds or partnerships. Goodman typically retains ownership stakes in the investment vehicles and continues to manage the sites after completion, collecting investment management base fees, performance fees, property services fees, and a share of rental income.

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