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Inner East Community Finance (XNEC:IEC) Accounts Payable & Accrued Expense : A$0.34 Mil (As of Dec. 2022)


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What is Inner East Community Finance Accounts Payable & Accrued Expense?

Inner East Community Finance's quarterly accounts payable & accrued expense declined from Dec. 2021 (A$2.20 Mil) to Jun. 2022 (A$0.56 Mil) and declined from Jun. 2022 (A$0.56 Mil) to Dec. 2022 (A$0.34 Mil).

Inner East Community Finance's annual accounts payable & accrued expense declined from Jun. 2020 (A$20.80 Mil) to Jun. 2021 (A$19.04 Mil) and declined from Jun. 2021 (A$19.04 Mil) to Jun. 2022 (A$0.56 Mil).


Inner East Community Finance Accounts Payable & Accrued Expense Historical Data

The historical data trend for Inner East Community Finance'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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Inner East Community Finance Accounts Payable & Accrued Expense Chart

Inner East Community Finance Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.96 15.25 20.80 19.04 0.56

Inner East Community Finance Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.17 19.04 2.20 0.56 0.34

Inner East Community Finance 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.


Inner East Community Finance (XNEC:IEC) Business Description

Traded in Other Exchanges
N/A
Address
2 Regent Ave, Suite 2, Springvale, AUS, 3171
Inner East Community Finance Ltd provides plant hire services for the construction and building industry. The company also provides commercial and construction management services and sale of scaffolding equipment.