Axos Financial (FRA:BB4) Accounts Payable & Accrued Expense : €356 Mil (As of Mar. 2024)

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What is Axos Financial Accounts Payable & Accrued Expense?

Axos Financial's quarterly accounts payable & accrued expense increased from Sep. 2023 (€320 Mil) to Dec. 2023 (€338 Mil) and increased from Dec. 2023 (€338 Mil) to Mar. 2024 (€356 Mil).

Axos Financial's annual accounts payable & accrued expense increased from Jun. 2021 (€444 Mil) to Jun. 2022 (€484 Mil) but then declined from Jun. 2022 (€484 Mil) to Jun. 2023 (€411 Mil).

Axos Financial Accounts Payable & Accrued Expense Historical Data

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

Axos Financial Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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211.17

308.68

444.40

484.03

411.18

Axos Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															379.29	411.18	320.37	338.27	356.20

Axos Financial 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.

Axos Financial (FRA:BB4) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Axos Financial Inc (FRA:BB4) » Definitions » Accounts Payable & Accrued Expense

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AX:USA

Address

9205 West Russell Road, Suite 400, Las Vegas, NV, USA, 89148

Website

https://www.axosfinancial.com

Axos Financial Inc is a bank holding company that operates through its bank subsidiary, BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small to medium-size businesses in certain sectors, and selected specialty finance receivables. Its operating segments are banking and securities business. The bank distributed its products through a wide range of retail distribution channels, including only banking brands, affinity groups, and sales teams, among others. The majority of the bank's mortgage exposure is titled toward the state of California, particularly its southern region. Net interest income is a majority of the bank's revenue.

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