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PEXA Group (ASX:PXA) Accounts Payable & Accrued Expense : A$45.3 Mil (As of Dec. 2024)


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What is PEXA Group Accounts Payable & Accrued Expense?

PEXA Group's quarterly accounts payable & accrued expense increased from Dec. 2023 (A$49.1 Mil) to Jun. 2024 (A$88.5 Mil) but then declined from Jun. 2024 (A$88.5 Mil) to Dec. 2024 (A$45.3 Mil).

PEXA Group's annual accounts payable & accrued expense increased from Jun. 2022 (A$49.5 Mil) to Jun. 2023 (A$59.4 Mil) and increased from Jun. 2023 (A$59.4 Mil) to Jun. 2024 (A$88.5 Mil).


PEXA Group Accounts Payable & Accrued Expense Historical Data

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

PEXA Group Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
49.86 49.50 59.40 88.51

PEXA Group Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 30.69 59.40 49.06 88.51 45.29

PEXA 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.


PEXA Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » PEXA Group Ltd (ASX:PXA) » Definitions » Accounts Payable & Accrued Expense
Traded in Other Exchanges
N/A
Address
727 Collins Street, Tower Four, Collins Square, Level 16, Docklands, Melbourne, VIC, AUS, 3008
Pexa is an exchange business for the digital settlement and lodgment of property transactions. Pexa holds a virtual monopoly on digital settlement and lodgment in Australia, at around 99% market share, due to the business historically being supported by government mandates. Pexa is looking to expand overseas and has entered the United Kingdom market. Pexa is also looking to expand into adjacent products and services, principally in analytics.

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