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Reef Casino Trust (ASX:RCT) Accounts Payable & Accrued Expense : A$5.88 Mil (As of Dec. 2023)


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What is Reef Casino Trust Accounts Payable & Accrued Expense?

Reef Casino Trust's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$7.66 Mil) to Jun. 2023 (A$3.79 Mil) but then increased from Jun. 2023 (A$3.79 Mil) to Dec. 2023 (A$5.88 Mil).

Reef Casino Trust's annual accounts payable & accrued expense increased from Dec. 2021 (A$6.05 Mil) to Dec. 2022 (A$7.66 Mil) but then declined from Dec. 2022 (A$7.66 Mil) to Dec. 2023 (A$5.88 Mil).


Reef Casino Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Reef Casino Trust'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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Reef Casino Trust Accounts Payable & Accrued Expense Chart

Reef Casino Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.21 6.22 6.05 7.66 5.88

Reef Casino Trust 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.05 4.58 7.66 3.79 5.88

Reef Casino Trust 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.


Reef Casino Trust (ASX:RCT) Business Description

Traded in Other Exchanges
N/A
Address
Level 3, 249 Turbot Street, Sofitel Hotel, Brisbane, QLD, AUS, 4000
Reef Casino Trust is engaged in the operation of the reef hotel-casino complex located in Cairns, Queensland, Australia. The company derives revenue from the casino which includes electronic gaming and table games, and hotel which includes room accommodation and food and beverage. The majority of the revenue is generated from the rental income received from the casino operations.

Reef Casino Trust (ASX:RCT) Headlines

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