Xero (XROLF) Accounts Payable & Accrued Expense : $45.3 Mil (As of Sep. 2023)

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What is Xero Accounts Payable & Accrued Expense?

Xero's quarterly accounts payable & accrued expense declined from Sep. 2022 ($43.7 Mil) to Mar. 2023 ($32.6 Mil) but then increased from Mar. 2023 ($32.6 Mil) to Sep. 2023 ($45.3 Mil).

Xero's annual accounts payable & accrued expense increased from Mar. 2021 ($31.7 Mil) to Mar. 2022 ($38.0 Mil) but then declined from Mar. 2022 ($38.0 Mil) to Mar. 2023 ($32.6 Mil).

Xero Accounts Payable & Accrued Expense Historical Data

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

Xero Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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18.34

26.04

31.68

38.02

32.62

Xero Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															36.41	38.02	43.69	32.62	45.31

Xero 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.

Xero (XROLF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Xero Ltd (OTCPK:XROLF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

0XE:Germany XRO:Australia

Address

19-23 Taranaki Street, Te Aro, Wellington, NTL, NZL, 6011

Website

https://www.xero.com

Xero is a technology company originating from New Zealand, providing cloud-based accounting software, primarily for small and midsize enterprises, or SMEs, and accounting practices. As a first mover in the space for cloud-based accounting software, Xero has grown quickly to achieve dominant market share in New Zealand and Australia, displacing legacy providers. Xero has also expanded beyond its home region toward other English-speaking countries, primarily the United Kingdom.

Xero (XROLF) Headlines

From GuruFocus

Xero announces CEO succession, Sukhinder Singh Cassidy appointed

By PRNewswire PRNewswire • 11-10-2022