Xref (ASX:XF1) Accounts Payable & Accrued Expense : A$1.70 Mil (As of Dec. 2023)

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What is Xref Accounts Payable & Accrued Expense?

Xref's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$1.91 Mil) to Jun. 2023 (A$2.45 Mil) but then declined from Jun. 2023 (A$2.45 Mil) to Dec. 2023 (A$1.70 Mil).

Xref's annual accounts payable & accrued expense declined from Jun. 2021 (A$1.90 Mil) to Jun. 2022 (A$1.82 Mil) but then increased from Jun. 2022 (A$1.82 Mil) to Jun. 2023 (A$2.45 Mil).

Xref Accounts Payable & Accrued Expense Historical Data

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

Xref Annual Data

Trend

Mar14

Mar15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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1.81

1.62

1.90

1.82

2.45

Xref Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	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															1.42	1.82	1.91	2.45	1.70

Xref 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.

Xref (ASX:XF1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Xref Ltd (ASX:XF1) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

13 Hickson Road, Suite 13, Level 3, Dawes Point, Sydney, NSW, AUS, 2000

Website

https://www.xref.com

Xref Ltd is a human resources technology company that automates the candidate reference process for employers. It is involved in leveraging databases to provide predictive analytics that enables human resource directors to make data-driven decisions. The company transforms the phone-based, manual procedure into a cloud-based, electronic process. It requests referee information from the candidate and gathers other information, analyses the candidate, and provides the report. Geographically, it derives a majority of its revenue from Australia and also has a presence in Canada; the United Kingdom; Norway; New Zealand, and the United States.

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