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Vitura Health (ASX:VIT) Accounts Payable & Accrued Expense : A$14.6 Mil (As of Jun. 2024)


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What is Vitura Health Accounts Payable & Accrued Expense?

Vitura Health's quarterly accounts payable & accrued expense increased from Jun. 2023 (A$9.8 Mil) to Dec. 2023 (A$13.9 Mil) and increased from Dec. 2023 (A$13.9 Mil) to Jun. 2024 (A$14.6 Mil).

Vitura Health's annual accounts payable & accrued expense increased from Jun. 2022 (A$9.6 Mil) to Jun. 2023 (A$9.8 Mil) and increased from Jun. 2023 (A$9.8 Mil) to Jun. 2024 (A$14.6 Mil).


Vitura Health Accounts Payable & Accrued Expense Historical Data

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

Vitura Health Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 0.45 1.00 9.56 9.85 14.60

Vitura Health Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.56 12.76 9.85 13.91 14.60

Vitura Health 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.


Vitura Health Business Description

Industry
Traded in Other Exchanges
Address
299 Toorak Road, Suite 8, Level 3, South Yarra, VIC, AUS, 3141
Vitura Health Ltd is focused on creating medicinal cannabis products and digital health solutions that connect and strengthen the ecosystem between patients, prescribers, pharmacists, and suppliers. The company has two business segments namely, Sales and distribution (involving the sale and distribution of medical products including medicinal cannabis, psychedelic drugs, and smoking cessation products) and Clinics and services (involving the operation of medicinal cannabis clinics and the provision of related services). The company generates the majority of its revenue from the Sales and distribution segment. Geographically the company generates the majority of its revenue from Australia.

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