Ashmore Group (LSE:ASHM) Accounts Payable & Accrued Expense : £22.2 Mil (As of Dec. 2023)

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What is Ashmore Group Accounts Payable & Accrued Expense?

Ashmore Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (£17.1 Mil) to Jun. 2023 (£13.3 Mil) but then increased from Jun. 2023 (£13.3 Mil) to Dec. 2023 (£22.2 Mil).

Ashmore Group's annual accounts payable & accrued expense declined from Jun. 2021 (£19.3 Mil) to Jun. 2022 (£15.8 Mil) and declined from Jun. 2022 (£15.8 Mil) to Jun. 2023 (£13.3 Mil).

Ashmore Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ashmore 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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Ashmore Group Accounts Payable & Accrued Expense Chart

Ashmore Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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44.60

28.60

19.30

15.80

13.30

Ashmore 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															24.00	15.80	17.10	13.30	22.20

Ashmore 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.

Ashmore Group (LSE:ASHM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ashmore Group PLC (LSE:ASHM) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

AJMPF:USA ASHMl:UK A1B:Germany

Address

61 Aldwych, London, GBR, WC2B 4AE

Website

https://www.ashmoregroup.com/en-gb

Ashmore Group PLC is a value-oriented asset management firm that focuses its investments on emerging markets. It offers a diverse range of both traditional and alternative investment strategies to a global client base, including both institutional and retail investors. The company invests in sovereign debt instruments, currencies, corporate debt, equities, derivatives, private equity, real estate, distressed debt, and other special situations. The firm reports on changes in assets under management as the majority of its revenue is derived from management fees. The company also benefits from performance fees on its investments.

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