Tower (ASX:TWR) Payments on Behalf of Employees : A$-61.4 Mil (TTM As of Mar. 2024)

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What is Tower Payments on Behalf of Employees?

Tower's Payments on Behalf of Employees for the six months ended in Mar. 2024 was A$-15.7 Mil.

Tower's Payments on Behalf of Employees for the trailing twelve months (TTM) ended in Mar. 2024 was A$-61.4 Mil.

Tower Payments on Behalf of Employees Historical Data

The historical data trend for Tower's Payments on Behalf of Employees 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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Tower Payments on Behalf of Employees Chart

Tower Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Payments on Behalf of Employees

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-84.80

-87.45

-94.46

-80.00

-87.15

Tower Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Payments on Behalf of Employees	Get a 7-Day Free Trial															-46.34	-35.86	-41.85	-45.61	-15.74

Tower Payments on Behalf of Employees Calculation

A company's cash flow from operations for a time period can be determined using either the direct or indirect method. The indirect method modifies the operating section from accrual accounting to a cash basis by taking the net income generated in a period and adding or subtracting changes in the asset and liability accounts to determine the implied cash flow. However, the direct method uses actual cash inflows and outflows from the company's operations directly. Payments on Behalf of Employees represents cash paid in a form of salaries or other benefits to employees of the company, in the direct cash flow method.

Payments on Behalf of Employees for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-61.4 Mil.

Tower Payments on Behalf of Employees Related Terms

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Tower (ASX:TWR) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tower Ltd (ASX:TWR) » Definitions » Payments on Behalf of Employees

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TWR:New Zealand

Address

136 Fanshawe Street, Level 5, PO Box 90347, Auckland, NTL, NZL, 1142

Website

https://www.tower.co.nz

Tower Ltd is a general insurance company. The company provides insurance services namely car, house, contents, travel, business, boat insurance among others. The company has two geographical segments, New Zealand General Insurance, and Pacific Islands General Insurance. The company derives majority of its revenue from New Zealand segment.

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