GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AMP Ltd (ASX:AMP) » Definitions » Accounts Payable & Accrued Expense

AMP (ASX:AMP) Accounts Payable & Accrued Expense : A$185 Mil (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is AMP Accounts Payable & Accrued Expense?

AMP's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$234 Mil) to Jun. 2023 (A$294 Mil) but then declined from Jun. 2023 (A$294 Mil) to Dec. 2023 (A$185 Mil).

AMP's annual accounts payable & accrued expense declined from Dec. 2021 (A$349 Mil) to Dec. 2022 (A$234 Mil) and declined from Dec. 2022 (A$234 Mil) to Dec. 2023 (A$185 Mil).

AMP Accounts Payable & Accrued Expense Historical Data

The historical data trend for AMP'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.

* Premium members only.

AMP Accounts Payable & Accrued Expense Chart

AMP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,332.00 288.00 349.00 234.00 185.00

AMP 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 349.00 364.00 234.00 294.00 185.00

AMP 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.

AMP (ASX:AMP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AMP Ltd (ASX:AMP) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
ASX:KSL ASX:SEQ ASX:INV BOM:532978 TSE:8591 ELEKTRA TPE:2885 SZSE:000617 TSE:8473 VOYA BOM:540691 OSL:STB SZSE:000987 SZSE:002797 SHSE:600390 SZSE:002670 BOM:500302 OHEL:MANTA XSGO:BICECORP SHSE:600621
Traded in Other Exchanges
AMLTF:USA AMP:Germany
Address
50 Bridge Street, AMP Building, Sydney, NSW, AUS, 2000
Website
https://www.amp.com.au
At its roots, AMP is a wealth manager, providing financial advice via Australia's second-largest network of aligned financial advisors. It has a vertically integrated business model: AMP advisors can invest client funds into superfunds and non-super investments manufactured by AMP through the firm's own platforms, though advisors are free to recommend non-AMP products and third party platforms to their clients. The firm also has a small wealth presence in New Zealand with about 72 advisors. In addition, AMP also has a retail banking business focused on deposit taking and residential mortgages.