Site Group International (ASX:SIT) Accounts Payable & Accrued Expense : A$3.77 Mil (As of Dec. 2023)

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What is Site Group International Accounts Payable & Accrued Expense?

Site Group International's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$5.42 Mil) to Jun. 2023 (A$3.37 Mil) but then increased from Jun. 2023 (A$3.37 Mil) to Dec. 2023 (A$3.77 Mil).

Site Group International's annual accounts payable & accrued expense increased from Jun. 2021 (A$6.35 Mil) to Jun. 2022 (A$8.43 Mil) but then declined from Jun. 2022 (A$8.43 Mil) to Jun. 2023 (A$3.37 Mil).

Site Group International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Site Group International'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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Site Group International Accounts Payable & Accrued Expense Chart

Site Group International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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6.08

4.42

6.35

8.43

3.37

Site Group International 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															7.58	8.43	5.42	3.37	3.77

Site Group International 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.

Site Group International (ASX:SIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Site Group International Ltd (ASX:SIT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

488 Queen Street, Level 2, Brisbane, QLD, AUS, 4000

Website

https://www.site.edu.au

Site Group International Ltd is engaged in education services in Australia and internationally. It delivers workforce solutions across a variety of industries to both retail and corporate clients. Its segments include Site Skills Training - International, which operates a facility at Clark Freeport Zone in the Philippines, Energy Services, which refers to the establishment of specialised energy training and services, and Tertiary Education, which delivers Diploma and certificate level courses at Site's campuses in Australia. It provides vocational training and assessment services for candidates in the mining and processing, oil and gas, construction, camp services, hospitality, and logistics sectors. The majority of revenue is derived from Site Skills Training.

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