Ramsay Health Care (ASX:RHCPA.PFD) Accounts Payable & Accrued Expense : A$2,966.00 Mil (As of Dec. 2023)

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What is Ramsay Health Care Accounts Payable & Accrued Expense?

Ramsay Health Care's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$3,014.20 Mil) to Jun. 2023 (A$3,153.90 Mil) but then declined from Jun. 2023 (A$3,153.90 Mil) to Dec. 2023 (A$2,966.00 Mil).

Ramsay Health Care's annual accounts payable & accrued expense increased from Jun. 2021 (A$3,013.70 Mil) to Jun. 2022 (A$3,045.80 Mil) and increased from Jun. 2022 (A$3,045.80 Mil) to Jun. 2023 (A$3,153.90 Mil).

Ramsay Health Care Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ramsay Health Care'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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Ramsay Health Care Accounts Payable & Accrued Expense Chart

Ramsay Health Care Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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2,369.49

3,203.50

3,013.70

3,045.80

3,153.90

Ramsay Health Care 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															2,624.10	3,045.80	3,014.20	3,153.90	2,966.00

Ramsay Health Care 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.

Ramsay Health Care (ASX:RHCPA.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ramsay Health Care Ltd (ASX:RHCPA.PFD) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RMYHY:USA RMSYF:USA RMY:Germany RHC:Australia

Address

126 Phillip Street, Suite 18.03, Level 18, Deutsche Bank Place, Sydney, NSW, AUS, 2000

Website

https://www.ramsayhealth.com

Ramsay Health Care is one of the largest private healthcare providers in the world, with over 460 facilities across 10 countries. The key markets in which it operates are Australia, France, the U.K., and Sweden. It is the largest private hospital group in each of these markets except for the U.K. where it ranks fifth. Ramsay Sante, which operates the European regions other than the U.K., is a 52.5%-owned subsidiary of Ramsay Health Care. The company typically earns about 60% of consolidated earnings in Australia and 30% in France. Ramsay Health Care undertakes both private and publicly funded healthcare.

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