Ninety One (JSE:NY1) Accounts Payable & Accrued Expense : R5,859 Mil (As of Sep. 2023)

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What is Ninety One Accounts Payable & Accrued Expense?

Ninety One's quarterly accounts payable & accrued expense declined from Sep. 2022 (R7,404 Mil) to Mar. 2023 (R6,927 Mil) and declined from Mar. 2023 (R6,927 Mil) to Sep. 2023 (R5,859 Mil).

Ninety One's annual accounts payable & accrued expense declined from Mar. 2021 (R8,103 Mil) to Mar. 2022 (R7,206 Mil) and declined from Mar. 2022 (R7,206 Mil) to Mar. 2023 (R6,927 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

Accounts Payable & Accrued Expense

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6,122.02

6,426.90

8,103.16

7,205.93

6,927.09

Ninety One Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								6,840.67	7,205.93	7,404.04	6,927.09	5,858.71

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 (JSE:NY1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ninety One Ltd (JSE:NY1) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

L91:Germany

Address

36 Hans Strijdom Avenue, Foreshore, Cape Town, WC, ZAF, 8001

Website

https://www.ninetyone.com

Ninety One Ltd is an asset manager. The company provides a range of differentiated strategies managed by its specialist investment teams, providing access to a diverse range of asset classes and regions. It serves its client base via five regional teams namely Africa, the United Kingdom, Asia Pacific, the Americas and Europe and across two distribution channels Institutional and Advisor. Institutional clients include private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations and central banks, while Advisor clients include large retail groups, wealth managers, private banks and intermediaries serving individual investors. Geographically, it derives a majority of revenue from the United Kingdom and others.

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