News (FRA:NC0) Accounts Payable & Accrued Expense : €1,459 Mil (As of Dec. 2023)

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What is News Accounts Payable & Accrued Expense?

News's quarterly accounts payable & accrued expense declined from Jun. 2023 (€1,648 Mil) to Sep. 2023 (€1,620 Mil) and declined from Sep. 2023 (€1,620 Mil) to Dec. 2023 (€1,459 Mil).

News's annual accounts payable & accrued expense increased from Jun. 2021 (€1,574 Mil) to Jun. 2022 (€1,778 Mil) but then declined from Jun. 2022 (€1,778 Mil) to Jun. 2023 (€1,648 Mil).

News Accounts Payable & Accrued Expense Historical Data

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

News Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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1,745.22

1,411.03

1,573.68

1,778.48

1,647.56

News Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,518.90	1,718.56	1,647.56	1,620.07	1,458.95

News 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.

News (FRA:NC0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » News Corp (FRA:NC0) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

NWSA:USA NWS:USA NC0B:Germany NWSLV:Australia NWS:Australia

Address

1211 Avenue of the Americas, New York, NY, USA, 10036

Website

https://www.newscorp.com

News Corporation is a diversified media conglomerate with significant presence in the U.S, the U.K., and Australia. Key mastheads include The Wall Street Journal, Herald Sun, and The Times. The company also has a strong presence in the Australian pay-TV market through Fox Sports and Foxtel (both 65%-owned), while its 61%-owned REA Group is the dominant real estate classified business in Australia. In addition, it owns HarperCollins, one of the largest book publishers in the world, and also has a substantial digital property advertising business (Move) in the U.S.

News (FRA:NC0) Headlines

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