MA Financial Group (ASX:MAF) Accounts Payable & Accrued Expense : A$65.1 Mil (As of Dec. 2023)

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What is MA Financial Group Accounts Payable & Accrued Expense?

MA Financial Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$77.8 Mil) to Jun. 2023 (A$84.0 Mil) but then declined from Jun. 2023 (A$84.0 Mil) to Dec. 2023 (A$65.1 Mil).

MA Financial Group's annual accounts payable & accrued expense increased from Dec. 2021 (A$34.2 Mil) to Dec. 2022 (A$77.8 Mil) but then declined from Dec. 2022 (A$77.8 Mil) to Dec. 2023 (A$65.1 Mil).

MA Financial Group Accounts Payable & Accrued Expense Historical Data

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

MA Financial Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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31.94

23.08

34.21

77.81

65.09

MA Financial Group Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									34.21	143.06	77.81	84.05	65.09

MA Financial 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.

MA Financial Group (ASX:MAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MA Financial Group Ltd (ASX:MAF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Carrington Street, Level 27, Brookfield Place, Sydney, NSW, AUS, 2000

Website

https://www.mafinancial.com

MA Financial Group Ltd is a financial services company. The Group is organised into the following business segments: Asset Management, Lending & Technology, and Corporate Advisory & Equities (CA&E). It generates maximum revenue from the Asset Management segment. The Asset Management segment incorporates the provision of asset management services and principal co-investment and strategic investments. The Lending & Technology segment includes the provision of Lending Platforms for loan funding, residential mortgages and Financial Technology. The Corporate Advisory and Equities segment provides corporate advice, underwriting and institutional stockbroking services. The Group mainly operates in Australia.

MA Financial Group (ASX:MAF) Headlines

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