Lynch Group Holdings (ASX:LGL) Accounts Payable & Accrued Expense : A$51.6 Mil (As of Dec. 2024)

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What is Lynch Group Holdings Accounts Payable & Accrued Expense?

Lynch Group Holdings's quarterly accounts payable & accrued expense declined from Dec. 2023 (A$52.3 Mil) to Jun. 2024 (A$44.2 Mil) but then increased from Jun. 2024 (A$44.2 Mil) to Dec. 2024 (A$51.6 Mil).

Lynch Group Holdings's annual accounts payable & accrued expense declined from Jun. 2022 (A$47.2 Mil) to Jun. 2023 (A$46.6 Mil) and declined from Jun. 2023 (A$46.6 Mil) to Jun. 2024 (A$44.2 Mil).

Lynch Group Holdings Accounts Payable & Accrued Expense Historical Data

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

Lynch Group Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

54.50

47.16

46.64

44.23

Lynch Group Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				49.21	46.64	52.33	44.23	51.63

Lynch Group Holdings 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.

Lynch Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lynch Group Holdings Ltd (ASX:LGL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

8b Williamson Road, Ingleburn, Sydney, NSW, AUS, 2565

Website

https://www.lynchgroup.com.au

Lynch Group Holdings Ltd is a vertically integrated wholesale floral company whose farms cover the entire process of planting, growing, merchandising, and selling flowers and potted plants to supermarket chains and commercial outlets throughout Australia and China. The Group is organized into two operating segments Australia, which operates a vertically integrated production farm and wholesale operation in Australia; and China segment, which segment operates a production farm and distribution operation in China, supplying the domestic China market as well as the Australian segment. The company generates the majority of its revenue from the Australia segment.