Pyne Gould (NZSE:PGC) Accounts Payable & Accrued Expense : NZ$13.27 Mil (As of Dec. 2017)

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What is Pyne Gould Accounts Payable & Accrued Expense?

Pyne Gould's quarterly accounts payable & accrued expense declined from Dec. 2016 (NZ$13.19 Mil) to Jun. 2017 (NZ$11.64 Mil) but then increased from Jun. 2017 (NZ$11.64 Mil) to Dec. 2017 (NZ$13.27 Mil).

Pyne Gould's annual accounts payable & accrued expense increased from Jun. 2016 (NZ$10.23 Mil) to Jun. 2017 (NZ$11.64 Mil) and increased from Jun. 2017 (NZ$11.64 Mil) to Jun. 2018 (NZ$18.03 Mil).

Pyne Gould Accounts Payable & Accrued Expense Historical Data

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

Pyne Gould Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Accounts Payable & Accrued Expense

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28.38

10.23

11.64

18.03

Pyne Gould Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															10.23	13.19	11.64	13.27	18.03

Pyne Gould 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.

Pyne Gould (NZSE:PGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pyne Gould Corp Ltd (NZSE:PGC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.pgc.co.nz

Pyne Gould Corp Ltd is a wealth management company. The company operates in various business segments that include Torchlight Segment; which provides investment management services and a proprietary investor, Property Group segment; which manages group's property assets, and Parent Company segment; which hold investments in subsidiaries. The Torchlight business segment generates maximum revenue for the company. Geographically the company exports its products to Australia and Cayman Islands regions. The Australian region generates maximum revenue for the company.