Ninety One (FRA:3XH) Accounts Payable & Accrued Expense : €305.2 Mil (As of Mar. 2024)

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What is Ninety One Accounts Payable & Accrued Expense?

Ninety One's quarterly accounts payable & accrued expense declined from Mar. 2023 (€331.2 Mil) to Sep. 2023 (€289.5 Mil) but then increased from Sep. 2023 (€289.5 Mil) to Mar. 2024 (€305.2 Mil).

Ninety One's annual accounts payable & accrued expense declined from Mar. 2022 (€437.4 Mil) to Mar. 2023 (€331.2 Mil) and declined from Mar. 2023 (€331.2 Mil) to Mar. 2024 (€305.2 Mil).

Ninety One Accounts Payable & Accrued Expense Historical Data

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

Ninety One Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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348.78

454.84

437.37

331.21

305.23

Ninety One Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									437.37	424.93	331.21	289.45	305.23

Ninety One 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.

Ninety One (FRA:3XH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ninety One PLC (FRA:3XH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N91:South Africa N91l:UK N91:UK

Address

55 Gresham Street, London, GBR, EC2V 7EL

Website

https://www.ninetyone.com

Ninety One PLC is engaged in the business of investment management. The company deals in four core asset classes - Equities, Fixed income, Multi-Asset and Alternative Strategies. It provides portfolio management, investment advisory, and other financial services.

Ninety One (FRA:3XH) Headlines

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