Afterpay (Afterpay) Accounts Payable : $234.1 Mil (As of Jun. 2021)

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What is Afterpay Accounts Payable?

Afterpay's Accounts Payable for the quarter that ended in Jun. 2021 was $234.1 Mil.

Afterpay's quarterly Accounts Payable increased from Jun. 2020 ($124.7 Mil) to Dec. 2020 ($153.6 Mil) and increased from Dec. 2020 ($153.6 Mil) to Jun. 2021 ($234.1 Mil).

Afterpay's annual Accounts Payable increased from Jun. 2019 ($76.4 Mil) to Jun. 2020 ($124.7 Mil) and increased from Jun. 2020 ($124.7 Mil) to Jun. 2021 ($234.1 Mil).

Afterpay Accounts Payable Historical Data

The historical data trend for Afterpay's Accounts Payable 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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Afterpay Accounts Payable Chart

Afterpay Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Accounts Payable

14.79

32.17

76.38

124.73

234.14

Afterpay Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Accounts Payable	Get a 7-Day Free Trial				76.38	64.62	124.73	153.64	234.14

Afterpay Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Afterpay Accounts Payable Related Terms

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Afterpay (Afterpay) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Afterpay Ltd (OTCPK:AFTPY) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

406 Collins Street, Level 5, Melbourne, VIC, AUS, 3000

Website

https://www.afterpay.com

Afterpay started its buy now, pay later, or BNPL, financing product in calendar 2015, listed on the ASX in May 2016 and merged with Touchcorp (who designed and built Afterpay's platform software) in June 2017. Its BNPL platform allows consumers to make acquisitions at merchant partners by paying instalments every two weeks. If consumers pay on time, they transact on Afterpay for free. Afterpay primarily generates revenue from receiving a margin from the merchant. Afterpay pays the merchant the full purchase price immediately on the sale, less this margin. The margin compensates Afterpay for accepting all non-payment risk, including credit risk and fraud by the consumer, and for encouraging consumers to purchase greater dollar values and transact more frequently.