Afriquia Gaz (CAS:GAZ) Accounts Payable & Accrued Expense : MAD4,101 Mil (As of Dec. 2023)

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What is Afriquia Gaz Accounts Payable & Accrued Expense?

Afriquia Gaz's quarterly accounts payable & accrued expense declined from Dec. 2022 (MAD5,019 Mil) to Jun. 2023 (MAD4,203 Mil) and declined from Jun. 2023 (MAD4,203 Mil) to Dec. 2023 (MAD4,101 Mil).

Afriquia Gaz's annual accounts payable & accrued expense declined from Dec. 2021 (MAD5,249 Mil) to Dec. 2022 (MAD5,019 Mil) and declined from Dec. 2022 (MAD5,019 Mil) to Dec. 2023 (MAD4,101 Mil).

Afriquia Gaz Accounts Payable & Accrued Expense Historical Data

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

Afriquia Gaz Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,596.94

2,671.30

5,248.66

5,019.49

4,100.94

Afriquia Gaz 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															5,248.66	6,779.74	5,019.49	4,203.21	4,100.94

Afriquia Gaz 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.

Afriquia Gaz (CAS:GAZ) Business Description

Industry

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Traded in Other Exchanges

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Address

139 Boulevard Moulay Ismail, Casablanca, MAR, 20700

Website

http://www.afriquiagaz.com

Afriquia Gaz is a Morocco-based company engaged in the business of distributing liquefied petroleum gas (LPG) such as butane, propane and its by-products. The company is also involved in the import, export, trade, refining, storage, stocking, transportation, deposit and administration of LPG. It markets its products under five brands namely Afriquia Gaz, Tissir Gaz, Campingaz, Ultragaz and National Gaz.