Marlborough Wine Estates Group (NZSE:MWE) Accounts Payable & Accrued Expense : NZ$0.75 Mil (As of Dec. 2023)

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What is Marlborough Wine Estates Group Accounts Payable & Accrued Expense?

Marlborough Wine Estates Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (NZ$0.77 Mil) to Jun. 2023 (NZ$1.63 Mil) but then declined from Jun. 2023 (NZ$1.63 Mil) to Dec. 2023 (NZ$0.75 Mil).

Marlborough Wine Estates Group's annual accounts payable & accrued expense increased from Jun. 2021 (NZ$1.25 Mil) to Jun. 2022 (NZ$1.57 Mil) and increased from Jun. 2022 (NZ$1.57 Mil) to Jun. 2023 (NZ$1.63 Mil).

Marlborough Wine Estates Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Marlborough Wine Estates 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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Marlborough Wine Estates Group Accounts Payable & Accrued Expense Chart

Marlborough Wine Estates Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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0.30

0.95

1.25

1.57

1.63

Marlborough Wine Estates Group Semi-Annual Data
	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											0.64	1.57	0.77	1.63	0.75

Marlborough Wine Estates 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.

Marlborough Wine Estates Group (NZSE:MWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Marlborough Wine Estates Group Ltd (NZSE:MWE) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

5-7 Kingdon Street, Level 6, Newmarket, Central, Auckland, NTL, NZL

Website

https://www.nzmwe.com

Marlborough Wine Estates Group Ltd is a New Zealand-based company engaged in vineyard maintenance, grape production, and winemaking. It operates under the brand names of O:TU wines and Music Bay. The group operates in various geographical areas including New Zealand and Oceania; United States; UK/Europe; Australasia and Others. It derives a majority of its revenue from New Zealand and Oceania.