AdRabbit (ASX:RAB) Accounts Payable & Accrued Expense : A$0.86 Mil (As of Sep. 2023)

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What is AdRabbit Accounts Payable & Accrued Expense?

AdRabbit's quarterly accounts payable & accrued expense declined from Mar. 2023 (A$1.12 Mil) to Jun. 2023 (A$0.73 Mil) but then increased from Jun. 2023 (A$0.73 Mil) to Sep. 2023 (A$0.86 Mil).

AdRabbit's annual accounts payable & accrued expense increased from Dec. 2020 (A$0.69 Mil) to Dec. 2021 (A$1.27 Mil) but then declined from Dec. 2021 (A$1.27 Mil) to Dec. 2022 (A$1.03 Mil).

AdRabbit Accounts Payable & Accrued Expense Historical Data

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

AdRabbit Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

0.25

1.07

0.69

1.27

1.03

AdRabbit Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												0.63	1.03	1.12	0.73	0.86

AdRabbit 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.

AdRabbit (ASX:RAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AdRabbit Ltd (ASX:RAB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RABI:Canada

Address

c/o Automic Group, 126 Philip Street, Level 5, Perth, WA, AUS, 2000

Website

https://www.ad-rabbit.com

AdRabbit Ltd provides an easy and inexpensive SaaS solution that allows small-to-medium businesses to create and manage their own mobile application as a means of connecting with their customers and growing their business. The Company's main product offerings allow SMBs to automate the creation and management of apps and digital marketing campaigns for their businesses. Its technology has automated the design, development, maintenance, and marketing of mobile apps, allowing any business to build, preview and launch their own application without having any code writing or digital marketing knowledge.

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