Steel & Tube Holdings (NZSE:STU) Accounts Payable & Accrued Expense : NZ$38.4 Mil (As of Dec. 2024)

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What is Steel & Tube Holdings Accounts Payable & Accrued Expense?

Steel & Tube Holdings's quarterly accounts payable & accrued expense declined from Dec. 2023 (NZ$46.2 Mil) to Jun. 2024 (NZ$41.0 Mil) and declined from Jun. 2024 (NZ$41.0 Mil) to Dec. 2024 (NZ$38.4 Mil).

Steel & Tube Holdings's annual accounts payable & accrued expense declined from Jun. 2022 (NZ$69.6 Mil) to Jun. 2023 (NZ$49.0 Mil) and declined from Jun. 2023 (NZ$49.0 Mil) to Jun. 2024 (NZ$41.0 Mil).

Steel & Tube Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Steel & Tube Holdings'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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Steel & Tube Holdings Accounts Payable & Accrued Expense Chart

Steel & Tube Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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39.11

63.89

69.63

49.03

41.02

Steel & Tube Holdings 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															44.52	49.03	46.16	41.02	38.37

Steel & Tube Holdings 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.

Steel & Tube Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Steel & Tube Holdings Ltd (NZSE:STU) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

7 Bruce Roderick Drive, East Tamaki, Auckland, NTL, NZL, 2013

Website

https://www.steelandtube.co.nz

Steel & Tube Holdings Ltd is a New Zealand-based company. The company is a provider of steel solutions. It is a distributor and manufacturer of steel products including steel, stainless steel, architectural stainless, pipe, fittings and valves, pipe and cable supports, fastenings, roofing and cladding, and many more. The company's operating segments include Distribution and Infrastructure. It generates maximum revenue from the Distribution segment.

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