Locafy (Locafy) Accounts Payable & Accrued Expense : $1.46 Mil (As of Mar. 2024)

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What is Locafy Accounts Payable & Accrued Expense?

Locafy's quarterly accounts payable & accrued expense declined from Sep. 2023 ($1.57 Mil) to Dec. 2023 ($1.10 Mil) but then increased from Dec. 2023 ($1.10 Mil) to Mar. 2024 ($1.46 Mil).

Locafy's annual accounts payable & accrued expense increased from Jun. 2021 ($0.97 Mil) to Jun. 2022 ($1.17 Mil) and increased from Jun. 2022 ($1.17 Mil) to Jun. 2023 ($1.72 Mil).

Locafy Accounts Payable & Accrued Expense Historical Data

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

Locafy Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

1.12

0.97

1.17

1.72

Locafy Quarterly Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							2.32	1.72	1.57	1.10	1.46

Locafy 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.

Locafy (Locafy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Locafy Ltd (NAS:LCFY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

246 Churchill Avenue, Subiaco, Perth, WA, AUS, 6008

Website

https://www.locafy.com

Locafy Ltd is focused on commercializing its Software as a Service (SaaS) online publishing technology platform. Its platform enables the ability to publish almost any type of content to almost any device that uses a web browser to display web content. The firm has three operating segments: the Publishing segment, the Reseller segment, and the Channel sales segment. It derives a majority of its revenue from Australia and New Zealand.