Orora (ASX:ORA) Accounts Payable & Accrued Expense : A$1,040 Mil (As of Dec. 2023)

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What is Orora Accounts Payable & Accrued Expense?

Orora's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$876 Mil) to Jun. 2023 (A$758 Mil) but then increased from Jun. 2023 (A$758 Mil) to Dec. 2023 (A$1,040 Mil).

Orora's annual accounts payable & accrued expense increased from Jun. 2021 (A$651 Mil) to Jun. 2022 (A$931 Mil) but then declined from Jun. 2022 (A$931 Mil) to Jun. 2023 (A$758 Mil).

Orora Accounts Payable & Accrued Expense Historical Data

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

Orora Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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999.10

663.50

650.80

931.20

758.20

Orora 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															782.70	931.20	876.40	758.20	1,040.10

Orora 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.

Orora (ASX:ORA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Orora Ltd (ASX:ORA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ORRAF:USA OORD:Germany

Address

109-133 Burwood Road, Hawthorn, Melbourne, VIC, AUS, 3122

Website

https://www.ororagroup.com

Orora Ltd was created in late 2013 when Amcor demerged its Australasian fibre and beverage packaging operations and North American packaging distribution business. Orora's Australasian business is focused on glass bottles, beverage cans, and wine closures, after agreeing to divest its fibre business in late 2019. Orora has the number-one position in beverage cans and number-two position in glass bottles and wine closures. Its primary competitors are Visy Group and Owens-Illinois. The North American business is focused on packaging distribution, but has also expanded into point-of-purchase retail display solutions.