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Resimac Group (ASX:RMC) Accounts Payable & Accrued Expense : A$15.9 Mil (As of Dec. 2024)


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What is Resimac Group Accounts Payable & Accrued Expense?

Resimac Group's quarterly accounts payable & accrued expense increased from Dec. 2023 (A$25.7 Mil) to Jun. 2024 (A$27.2 Mil) but then declined from Jun. 2024 (A$27.2 Mil) to Dec. 2024 (A$15.9 Mil).

Resimac Group's annual accounts payable & accrued expense declined from Jun. 2022 (A$30.1 Mil) to Jun. 2023 (A$27.1 Mil) but then increased from Jun. 2023 (A$27.1 Mil) to Jun. 2024 (A$27.2 Mil).


Resimac Group Accounts Payable & Accrued Expense Historical Data

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

Resimac Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.89 34.54 30.06 27.15 27.19

Resimac Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 19.71 27.15 25.72 27.19 15.95

Resimac 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.


Resimac Group Business Description

Industry
Traded in Other Exchanges
N/A
Address
45 Clarence Street, Level 9, Sydney, NSW, AUS, 2000
Resimac Group Ltd is a non-bank lending company. It is a residential mortgage lender and multi-channel distribution business specializing in Prime and Specialist lending. The group operates in targeted market segments and asset classes in Australia and New Zealand. The operating business segments are home loan lending, Asset finance lending and New Zealand Lending Business, with maximum revenue from home loan lending.

Resimac Group Headlines

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