Millennium Services Group (ASX:MIL) Accounts Payable & Accrued Expense : A$28.3 Mil (As of Dec. 2023)

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What is Millennium Services Group Accounts Payable & Accrued Expense?

Millennium Services Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$20.4 Mil) to Jun. 2023 (A$17.9 Mil) but then increased from Jun. 2023 (A$17.9 Mil) to Dec. 2023 (A$28.3 Mil).

Millennium Services Group's annual accounts payable & accrued expense declined from Jun. 2021 (A$17.3 Mil) to Jun. 2022 (A$15.0 Mil) but then increased from Jun. 2022 (A$15.0 Mil) to Jun. 2023 (A$17.9 Mil).

Millennium Services Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Millennium Services 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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Millennium Services Group Accounts Payable & Accrued Expense Chart

Millennium Services Group Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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22.16

16.30

17.29

15.01

17.94

Millennium Services Group Semi-Annual Data
	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										16.86	15.01	20.40	17.94	28.28

Millennium Services 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.

Millennium Services Group (ASX:MIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Millennium Services Group Ltd (ASX:MIL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

631 Springvale Road, Level 3, Mulgrave, VIC, AUS, 3170

Website

https://www.millenniumsg.com

Millennium Services Group Ltd provides cleaning, security, maintenance and integrated services. The company offers services to the retail shopping centre, commercial property, and commonwealth and state government sectors. The company segments include Cleaning and Security. The company generates maximum revenue from the Cleaning segment.

Millennium Services Group (ASX:MIL) Headlines

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