Freightways Group (Freightways Group) Accounts Payable & Accrued Expense : $90.9 Mil (As of Dec. 2023)

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What is Freightways Group Accounts Payable & Accrued Expense?

Freightways Group's quarterly accounts payable & accrued expense declined from Jun. 2022 ($109.8 Mil) to Dec. 2022 ($88.6 Mil) but then increased from Dec. 2022 ($88.6 Mil) to Dec. 2023 ($90.9 Mil).

Freightways Group's annual accounts payable & accrued expense increased from Jun. 2020 ($56.5 Mil) to Jun. 2021 ($73.2 Mil) and increased from Jun. 2021 ($73.2 Mil) to Jun. 2022 ($109.8 Mil).

Freightways Group Accounts Payable & Accrued Expense Historical Data

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

Freightways Group Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Accounts Payable & Accrued Expense

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46.42

45.52

56.52

73.17

109.80

Freightways Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															73.17	113.70	109.80	88.57	90.86

Freightways Group 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.

Freightways Group (Freightways Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Freightways Group Ltd (OTCPK:FTWYF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

FRW:New Zealand FRW:Australia

Address

32 Botha Road, Penrose, Auckland, NTL, NZL, DX CX10120

Website

https://www.freightways.co.nz

Freightways Ltd is a provider of express package services throughout New Zealand. The company is organized into three reportable segments: Express Package and Business Mail, Information Management and Corporate and others. The Express Package and Business Mail segment cover network courier, point-to-point courier, and postal services. Information management comprises secure paper-based and electronic business information management services. Corporate and other comprises corporate, financing, and property management services. Key revenue is derived from the Express Package and Business Mail divisions.

Freightways Group (Freightways Group) Headlines

From GuruFocus

David Herro Comments on Freightways

By Sydnee Gatewood Sydnee Gatewood • 01-11-2021