Vicinity Centres (ASX:VCX) Accounts Payable & Accrued Expense : A$226 Mil (As of Jun. 2024)

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What is Vicinity Centres Accounts Payable & Accrued Expense?

Vicinity Centres's quarterly accounts payable & accrued expense declined from Jun. 2023 (A$195 Mil) to Dec. 2023 (A$182 Mil) but then increased from Dec. 2023 (A$182 Mil) to Jun. 2024 (A$226 Mil).

Vicinity Centres's annual accounts payable & accrued expense declined from Jun. 2022 (A$197 Mil) to Jun. 2023 (A$195 Mil) but then increased from Jun. 2023 (A$195 Mil) to Jun. 2024 (A$226 Mil).

Vicinity Centres Accounts Payable & Accrued Expense Historical Data

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

Vicinity Centres Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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123.60

462.90

196.90

195.40

226.40

Vicinity Centres Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															196.90	196.70	195.40	182.10	226.40

Vicinity Centres 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.

Vicinity Centres Business Description

Industry

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Address

1341 Dandenong Road, Level 4, Chadstone Tower One, Chadstone, Melbourne, VIC, AUS, 3148

Website

https://www.vicinity.com.au

Vicinity Centres was created after the merger of Federation Centres and Novion in June 2015, creating one of Australia's largest retail REITs. Its directly and indirectly owned assets have a book value of about AUD 15 billion at the end of June 2024. The assets are skewed to large, high-end shopping centers, with about half in major regional malls, a fifth in subregional, 15% in CBD locations, and about 15% in outlet centers.

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