Focus Financial Partners (Focus Financial Partners) Accounts Payable & Accrued Expense : $152 Mil (As of Jun. 2023)

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What is Focus Financial Partners Accounts Payable & Accrued Expense?

Focus Financial Partners's quarterly accounts payable & accrued expense declined from Dec. 2022 ($164 Mil) to Mar. 2023 ($116 Mil) but then increased from Mar. 2023 ($116 Mil) to Jun. 2023 ($152 Mil).

Focus Financial Partners's annual accounts payable & accrued expense increased from Dec. 2020 ($130 Mil) to Dec. 2021 ($190 Mil) but then declined from Dec. 2021 ($190 Mil) to Dec. 2022 ($164 Mil).

Focus Financial Partners Accounts Payable & Accrued Expense Historical Data

The historical data trend for Focus Financial Partners'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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Focus Financial Partners Accounts Payable & Accrued Expense Chart

Focus Financial Partners Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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84.81

108.12

129.92

189.87

163.87

Focus Financial Partners Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															162.02	187.23	163.87	116.14	152.05

Focus Financial Partners 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.

Focus Financial Partners (Focus Financial Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Focus Financial Partners Inc (NAS:FOCS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

875 Third Avenue, 28th Floor, New York, NY, USA, 10022

Website

https://www.focusfinancialpartners.com

Focus Financial Partners Inc is a partnership of independent, fiduciary wealth management firms operating in the fragmented RIA industry. It provides Mergers and acquisitions expertise and other services such as Talent Management, Legal and Regulatory Support, marketing and business development. The company generates its revenue in the form of wealth management fees. Geographically, it derives a majority of revenue from the United States and also has a presence in the United Kingdom, Canada, and Australia.

Executives

George Lemieux	director	875 THIRD AVENUE, 28TH FLOOR, NEW YORK NY 10022
Elizabeth R. Neuhoff	director	146 SOTA DRIVE, JUPITER FL 33458
Kristine Mashinsky	director	875 THIRD AVENUE, 28TH FLOOR, NEW YORK NY 10022
Kkr Freya Aggregator L.p.	10 percent owner	KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Kkr Group Partnership L.p.	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Stone Point Capital Llc	director, 10 percent owner	20 HORSENECK LANE, GREENWICH CT 06830
James D Carey	director	STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Greg S. Morganroth	director	875 THIRD AVENUE, 28TH FLOOR, NEW YORK NY 10022
James Shanahan	officer: Chief Financial Officer	C/O FOCUS FINANCIAL PARTNERS, INC., 825 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10022
Leonard R. Chang	officer: Sr. Managing Dir./Head of M&A	875 THIRD AVENUE, 28TH FLOOR, NEW YORK NY 10022
John Russell Mcgranahan	officer: General Counsel	875 THIRD AVENUE, 28TH FLOOR, NEW YORK NY 10022
Rajini Sundar Kodialam	director, officer: Chief Operating Officer	C/O FOCUS FINANCIAL PARTNERS, INC., 825 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10022
Ruediger Adolf	director, 10 percent owner, officer: CEO and Chairman	C/O FOCUS FINANCIAL PARTNERS, INC., 825 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10022
Joseph Feliciani	director	C/O BLACKROCK FINANCIAL MANAGEMENT INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Kkr Americas Xii Aiv Gp Llc	10 percent owner	KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019