IRESS (IRSMF) Other Current Liabilities : $14.02 Mil (As of Dec. 2023)

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What is IRESS Other Current Liabilities?

IRESS's other current liabilities for the quarter that ended in Dec. 2023 was $14.02 Mil.

IRESS's quarterly other current liabilities declined from Dec. 2022 ($6.60 Mil) to Jun. 2023 ($3.52 Mil) but then increased from Jun. 2023 ($3.52 Mil) to Dec. 2023 ($14.02 Mil).

IRESS's annual other current liabilities declined from Dec. 2021 ($10.98 Mil) to Dec. 2022 ($6.60 Mil) but then increased from Dec. 2022 ($6.60 Mil) to Dec. 2023 ($14.02 Mil).

IRESS Other Current Liabilities Historical Data

The historical data trend for IRESS's Other Current Liabilities 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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IRESS Other Current Liabilities Chart

IRESS Annual Data

Trend

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Other Current Liabilities

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IRESS Semi-Annual Data
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Other Current Liabilities	Get a 7-Day Free Trial															-	-	-	-	-

IRESS Other Current Liabilities Calculation

The liability a company needs to pay in the next 12 months, but not assigned to Accounts Payable or Debt. For instance, Wal-Mart (WMT) has accrued wages, salaries, valuation, bonuses, insurance liabilities, accrued tax etc. These are all included in other current liabilities.

IRESS Other Current Liabilities Related Terms

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IRESS (IRSMF) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » IRESS Ltd (OTCPK:IRSMF) » Definitions » Other Current Liabilities

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IRE:Australia

Address

385 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000

Website

https://www.iress.com

Iress develops software for the financial-services industry, operating in multiple regions and servicing clients ranging from small retail to large institutional businesses. Its core business unit, mainly in Australia, generates most of the company's earnings and free cash flows. Iress expanded into noncore markets through acquisitions, ultimately eroding returns and margins, with free cash flows from the core business invested in the noncore businesses. Its recent strategy includes reprioritizing growth in the core APAC business and divesting/monetizing noncore businesses. We view this renewed focus on its core business as a positive, as it will help maintain Iress' economic moat.