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Close The Loop (FRA:GI5) Accounts Payable & Accrued Expense : €12.6 Mil (As of Dec. 2024)


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What is Close The Loop Accounts Payable & Accrued Expense?

Close The Loop's quarterly accounts payable & accrued expense declined from Dec. 2023 (€16.3 Mil) to Jun. 2024 (€12.9 Mil) and declined from Jun. 2024 (€12.9 Mil) to Dec. 2024 (€12.6 Mil).

Close The Loop's annual accounts payable & accrued expense increased from Jun. 2022 (€6.9 Mil) to Jun. 2023 (€18.1 Mil) but then declined from Jun. 2023 (€18.1 Mil) to Jun. 2024 (€12.9 Mil).


Close The Loop Accounts Payable & Accrued Expense Historical Data

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

Close The Loop Annual Data
Trend Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
6.87 18.08 12.89

Close The Loop Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 10.00 18.08 16.27 12.89 12.64

Close The Loop 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.


Close The Loop Business Description

Industry
Traded in Other Exchanges
Address
43-47 Cleeland Road, Oakleigh South, Melbourne, VIC, AUS, 3167
Close The Loop Ltd provides reuse, recycling, and sustainability solutions. The company has developed a battery collection and recycling solution in Australia. The group has two operating segments based on differences in products and services provided: resource recovery and packaging.

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