Federated Hermes (FRA:3KC) Accounts Payable : €0 Mil (As of Jun. 2024)

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What is Federated Hermes Accounts Payable?

Federated Hermes's Accounts Payable for the quarter that ended in Jun. 2024 was €0 Mil.

Federated Hermes's quarterly Accounts Payable increased from Dec. 2023 (€0 Mil) to Mar. 2024 (€81 Mil) but then declined from Mar. 2024 (€81 Mil) to Jun. 2024 (€0 Mil).

Federated Hermes Accounts Payable Historical Data

The historical data trend for Federated Hermes's Accounts Payable 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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Federated Hermes Accounts Payable Chart

Federated Hermes Annual Data

Trend

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Accounts Payable

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Federated Hermes Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable	Get a 7-Day Free Trial															-	-	-	81.33	-

Federated Hermes Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Federated Hermes Accounts Payable Related Terms

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Federated Hermes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Federated Hermes Inc (FRA:3KC) » Definitions » Accounts Payable

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Traded in Other Exchanges

FHI:USA

Address

1001 Liberty Avenue, Pittsburgh, PA, USA, 15222-3779

Website

https://www.federatedhermes.com

Federated provides asset management services for institutional and individual investors. The company had $715.2 billion in managed assets at the end of September 2023, composed of equity (11%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (73%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 31%, 12%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (27%), and international clients (10%).

Federated Hermes Headlines

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