Platinum Asset Management (ASX:PTM) Other Operating Expense : A$26.4 Mil (TTM As of Dec. 2023)

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What is Platinum Asset Management Other Operating Expense?

Platinum Asset Management's Other Operating Expense for the six months ended in Dec. 2023 was A$13.5 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$26.4 Mil.

Platinum Asset Management's quarterly Other Operating Expense increased from Dec. 2022 (A$12.2 Mil) to Jun. 2023 (A$12.9 Mil) and increased from Jun. 2023 (A$12.9 Mil) to Dec. 2023 (A$13.5 Mil).

Platinum Asset Management's annual Other Operating Expense increased from Jun. 2021 (A$21.2 Mil) to Jun. 2022 (A$23.7 Mil) and increased from Jun. 2022 (A$23.7 Mil) to Jun. 2023 (A$25.1 Mil).

Platinum Asset Management Other Operating Expense Historical Data

The historical data trend for Platinum Asset Management's Other Operating 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.

* Premium members only.

Platinum Asset Management Other Operating Expense Chart

Platinum Asset Management Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Other Operating Expense

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18.12

21.91

21.24

23.69

25.08

Platinum Asset Management Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Other Operating Expense	Get a 7-Day Free Trial															11.40	12.29	12.18	12.89	13.55

Platinum Asset Management Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$26.4 Mil.

Platinum Asset Management Other Operating Expense Related Terms

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Platinum Asset Management (ASX:PTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Platinum Asset Management Ltd (ASX:PTM) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

PIJ:Germany

Address

Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000

Website

https://www.platinum.com.au

Platinum Asset Management is an Australian-based niche fund manager with a specialty in international equities founded in 1994. It offers region and industry-specific funds in addition to global portfolios. There is flexibility in the investment strategies at Platinum, with funds having the option to engage in short-selling, taking positions in foreign exchange markets, and derivative-based activities to manage risk and aid performance.