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Vonex (ASX:VN8) Accounts Payable & Accrued Expense : A$8.23 Mil (As of Dec. 2024)


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What is Vonex Accounts Payable & Accrued Expense?

Vonex's quarterly accounts payable & accrued expense declined from Dec. 2023 (A$9.69 Mil) to Jun. 2024 (A$9.02 Mil) and declined from Jun. 2024 (A$9.02 Mil) to Dec. 2024 (A$8.23 Mil).

Vonex's annual accounts payable & accrued expense increased from Jun. 2022 (A$9.10 Mil) to Jun. 2023 (A$10.35 Mil) but then declined from Jun. 2023 (A$10.35 Mil) to Jun. 2024 (A$9.02 Mil).


Vonex Accounts Payable & Accrued Expense Historical Data

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

Vonex Annual Data
Trend Dec17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 3.18 3.89 9.10 10.35 9.02

Vonex Semi-Annual Data
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 13.16 10.35 9.69 9.02 8.23

Vonex 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.


Vonex Business Description

Traded in Other Exchanges
N/A
Address
303 Coronation Drive, Level 6, Milton, QLD, AUS, 4064
Vonex Ltd is an Australia-based telecommunications company. The Company also provides a full range of traditional telecommunications products such as mobile and internet. Its wholesale customers, such as internet service providers, can access the core Vonex PBX, call termination services, hardware, mobile , and internet at wholesale rates via a white-label model. Vonex also delivers custom-built software solutions to wholesale customers to facilitate projects of scale. Geographically, the company has operations in Australia and the United States. It generates a vast majority of the revenues from the retail segment within Australia.

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