Millenniumpthorne Hotels New Zealand (NZSE:MCKPA.PFD) Accounts Payable & Accrued Expense : NZ$32.29 Mil (As of Dec. 2024)

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What is Millenniumpthorne Hotels New Zealand Accounts Payable & Accrued Expense?

Millenniumpthorne Hotels New Zealand's quarterly accounts payable & accrued expense declined from Dec. 2023 (NZ$34.67 Mil) to Jun. 2024 (NZ$32.36 Mil) and declined from Jun. 2024 (NZ$32.36 Mil) to Dec. 2024 (NZ$32.29 Mil).

Millenniumpthorne Hotels New Zealand's annual accounts payable & accrued expense increased from Dec. 2022 (NZ$30.27 Mil) to Dec. 2023 (NZ$34.67 Mil) but then declined from Dec. 2023 (NZ$34.67 Mil) to Dec. 2024 (NZ$32.29 Mil).

Millenniumpthorne Hotels New Zealand Accounts Payable & Accrued Expense Historical Data

The historical data trend for Millenniumpthorne Hotels New Zealand'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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Millenniumpthorne Hotels New Zealand Accounts Payable & Accrued Expense Chart

Millenniumpthorne Hotels New Zealand Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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28.56

27.67

30.27

34.67

32.29

Millenniumpthorne Hotels New Zealand Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	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															30.27	30.79	34.67	32.36	32.29

Millenniumpthorne Hotels New Zealand 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.

Millenniumpthorne Hotels New Zealand Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Millennium & Copthorne Hotels New Zealand Ltd (NZSE:MCKPA.PFD) » Definitions » Accounts Payable & Accrued Expense

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MCK:New Zealand

Address

23 Customs Street East, Victoria Street West, Level 7, PO Box 5640,, Auckland, NZL, 1142

Website

https://www.millenniumhotels.com

Millennium & Copthorne Hotels New Zealand Ltd is engaged in the ownership and operation of hotels in New Zealand. The group is also involved in the residential development and sale of land in New Zealand and the development and sale of residential units in Australia. The operating segments of the group are Hotel operations which comprise income from the ownership and management of hotels; Residential land development, comprising the development and sale of land; Residential and commercial property development, comprising the development and sale of residential apartments; Investment property comprising rental income from warehouses. The majority of the revenue is generated from the Hotel operations segment. The company operates in the geographical areas of New Zealand and Australia.

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