Afric Industries (CAS:AFI) Accounts Payable & Accrued Expense : MAD7.46 Mil (As of Dec. 2023)

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What is Afric Industries Accounts Payable & Accrued Expense?

Afric Industries's quarterly accounts payable & accrued expense increased from Dec. 2022 (MAD7.82 Mil) to Jun. 2023 (MAD12.89 Mil) but then declined from Jun. 2023 (MAD12.89 Mil) to Dec. 2023 (MAD7.46 Mil).

Afric Industries's annual accounts payable & accrued expense declined from Dec. 2021 (MAD7.87 Mil) to Dec. 2022 (MAD7.82 Mil) and declined from Dec. 2022 (MAD7.82 Mil) to Dec. 2023 (MAD7.46 Mil).

Afric Industries Accounts Payable & Accrued Expense Historical Data

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

Afric Industries Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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9.08

7.44

7.87

7.82

7.46

Afric Industries Semi-Annual Data
	Jun14	Jun15	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													7.87	9.67	7.82	12.89	7.46

Afric Industries 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.

Afric Industries (CAS:AFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Afric Industries SA (CAS:AFI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Route de Tetouan, Lot 107, Zone Industrielle, Tangier, MAR, BP 368

Website

http://www.africindustries.com

Afric Industries SA is engaged in the development, production and marketing of abrasive products of all shapes and contents. It is also engaged in the manufacturing and sale of tapes and adhesive and self-adhesive tapes; manufacturing, assembling, glazing, installation and marketing of all types of joinery and finished aluminum products and other materials; purchase, sale, import, export, manufacturing, processing, assembly, installation laying of all equipments, materials, tools, accessories, raw materials and spare parts.

Afric Industries (CAS:AFI) Headlines

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