Link Administration Holdings (ASX:LNK) Accounts Payable & Accrued Expense : A$165.1 Mil (As of Dec. 2023)

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What is Link Administration Holdings Accounts Payable & Accrued Expense?

Link Administration Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$324.9 Mil) to Jun. 2023 (A$150.4 Mil) but then increased from Jun. 2023 (A$150.4 Mil) to Dec. 2023 (A$165.1 Mil).

Link Administration Holdings's annual accounts payable & accrued expense declined from Jun. 2021 (A$340.6 Mil) to Jun. 2022 (A$288.3 Mil) and declined from Jun. 2022 (A$288.3 Mil) to Jun. 2023 (A$150.4 Mil).

Link Administration Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Link Administration Holdings'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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Link Administration Holdings Accounts Payable & Accrued Expense Chart

Link Administration Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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267.94

275.15

340.60

288.34

150.43

Link Administration Holdings Semi-Annual Data
	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												379.14	288.34	324.88	150.43	165.06

Link Administration Holdings 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.

Link Administration Holdings (ASX:LNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Link Administration Holdings Ltd (ASX:LNK) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

LKADF:USA

Address

680 George Street, Level 12, Sydney, NSW, AUS, 2000

Website

https://www.linkgroup.com

Link derives its revenue primarily from providing administration services to the financial services sector in Australia, and the share registry and investment fund sectors in the U.K. The company is the largest provider of superannuation administration services and the second-largest provider of share registry services in Australia. Link's clients are usually contracted for between two and five years. The customers are relatively sticky, resulting in a high recurring revenue. The capital-light business model means cash flow is relatively strong.

Link Administration Holdings (ASX:LNK) Headlines

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