Amdocs (Amdocs) Long-Term Capital Lease Obligation

: $117 Mil (As of Dec. 2023)

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Amdocs's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $117 Mil.

Amdocs's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($112 Mil) to Sep. 2023 ($122 Mil) but then declined from Sep. 2023 ($122 Mil) to Dec. 2023 ($117 Mil).

Amdocs's annual Long-Term Capital Lease Obligation declined from Sep. 2021 ($178 Mil) to Sep. 2022 ($138 Mil) and declined from Sep. 2022 ($138 Mil) to Sep. 2023 ($122 Mil).

Amdocs Long-Term Capital Lease Obligation Historical Data

The historical data trend for Amdocs's Long-Term Capital Lease Obligation 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.

* Premium members only.

Amdocs Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Long-Term Capital Lease Obligation

230.08

177.91

138.38

121.65

Amdocs Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation																122.49	120.17	111.87	121.65	117.16

Amdocs (NAS:DOX) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Amdocs Long-Term Capital Lease Obligation Related Terms

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Amdocs (Amdocs) Business Description

Industry

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Address

625 Maryville Centre Drive, Suite 200, Saint Louis, MO, USA, 63141

Website

https://www.amdocs.com

Amdocs Ltd is a provider of software and services to communications, cable and satellite, entertainment, and media industry service providers. The Company and its subsidiaries operate in one operating segment, providing software products and services for the communications, entertainment and media industry service being designed, develop, market, support, implement, and operate its open and modular cloud offering. The company offers business support systems, operational support systems, and managed services. Geographically, it derives a majority of revenue from North America and also has a presence in Europe and the Rest of the world.