Magellan Financial Group (STU:NNA) Accounts Payable & Accrued Expense : €7.8 Mil (As of Dec. 2023)

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What is Magellan Financial Group Accounts Payable & Accrued Expense?

Magellan Financial Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (€6.0 Mil) to Jun. 2023 (€7.1 Mil) and increased from Jun. 2023 (€7.1 Mil) to Dec. 2023 (€7.8 Mil).

Magellan Financial Group's annual accounts payable & accrued expense declined from Jun. 2021 (€23.2 Mil) to Jun. 2022 (€10.3 Mil) and declined from Jun. 2022 (€10.3 Mil) to Jun. 2023 (€7.1 Mil).

Magellan Financial Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Magellan Financial Group'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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Magellan Financial Group Accounts Payable & Accrued Expense Chart

Magellan Financial Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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19.54

21.25

23.20

10.29

7.15

Magellan Financial Group Semi-Annual Data
	Jun14	Dec14	Jun15	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															18.58	10.29	6.02	7.15	7.81

Magellan Financial Group 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.

Magellan Financial Group (STU:NNA) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Magellan Financial Group Ltd (STU:NNA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MGLLF:USA NNA:Germany MFG:Australia

Address

25 Martin Place, Level 36, Sydney, NSW, AUS, 2000

Website

https://www.magellangroup.com.au

Magellan Financial Group is an Australia-based niche funds manager. Established in 2006, the firm specializes in the management of equity and infrastructure funds for domestic retail and institutional investors. Magellan has historically been particularly successful in winning mandates from global institutional investors. Current FUM is split across global equities, infrastructure and Australian equities.