Bid (JSE:BID) Accounts Payable & Accrued Expense : R31,979 Mil (As of Dec. 2023)

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What is Bid Accounts Payable & Accrued Expense?

Bid's quarterly accounts payable & accrued expense increased from Dec. 2022 (R27,087 Mil) to Jun. 2023 (R36,033 Mil) but then declined from Jun. 2023 (R36,033 Mil) to Dec. 2023 (R31,979 Mil).

Bid's annual accounts payable & accrued expense increased from Jun. 2021 (R21,012 Mil) to Jun. 2022 (R27,037 Mil) and increased from Jun. 2022 (R27,037 Mil) to Jun. 2023 (R36,033 Mil).

Bid Accounts Payable & Accrued Expense Historical Data

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

Bid Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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19,189.52

17,863.90

21,011.75

27,037.42

36,032.71

Bid Semi-Annual Data
	Jun13	Jun14	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															21,971.31	27,037.42	27,086.64	36,032.71	31,979.19

Bid 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.

Bid (JSE:BID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Bid Corp Ltd (JSE:BID) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

BDDDY:USA BPPPF:USA

Address

90 Rivonia Road, 2nd Floor, North Wing, Sandton, Johannesburg, GT, ZAF, 2196

Website

http://www.bidcorpgroup.com

Bid Corp Ltd is a foodservice company. The company distributes chilled and frozen foods, fresh produce, meats, and nonfood products to operators around the globe. The company has various business segments, several of which it divides by geographic region. Its business segments include Australasia, the United Kingdom, Europe, and Emerging Markets. The company generates the vast majority of its revenue from Europe.