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Lendlease Group (Lendlease Group) Accounts Payable & Accrued Expense : $3,209 Mil (As of Dec. 2023)


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What is Lendlease Group Accounts Payable & Accrued Expense?

Lendlease Group's quarterly accounts payable & accrued expense increased from Dec. 2022 ($2,871 Mil) to Jun. 2023 ($3,118 Mil) and increased from Jun. 2023 ($3,118 Mil) to Dec. 2023 ($3,209 Mil).

Lendlease Group's annual accounts payable & accrued expense declined from Jun. 2021 ($3,700 Mil) to Jun. 2022 ($3,202 Mil) and declined from Jun. 2022 ($3,202 Mil) to Jun. 2023 ($3,118 Mil).


Lendlease Group Accounts Payable & Accrued Expense Historical Data

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

Lendlease Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,975.00 3,102.83 3,699.54 3,202.39 3,118.12

Lendlease Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2,983.55 3,202.39 2,871.12 3,118.12 3,208.84

Lendlease Group 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.


Lendlease Group (Lendlease Group) Business Description

Industry
Traded in Other Exchanges
Address
Level 14, Tower Three, 300 Barangaroo Avenue, International Towers Sydney, Exchange Place, Barangaroo, Sydney, NSW, AUS, 2000
Lendlease's business comprises three segments: development, investments, and construction. Development accounted for more than half of EBITDA in 2020, and the future pipeline is so large it cannot be funded from its own balance sheet. The group is selling stakes in mature projects to its funds management clients. This sacrifices development profit, in return for management fees, reduced risk, and capital to accelerate new projects in the pipeline. Construction generates large revenues but slim margins. This business is retained to preserve expertise and scale for the development business. Lendlease sold its engineering and services business during the pandemic, but retains some risks, notably the Melbourne Metro project. It is also reducing its exposure to retirement living.