Acsion (JSE:ACS) Accounts Payable & Accrued Expense : R337 Mil (As of Aug. 2023)

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What is Acsion Accounts Payable & Accrued Expense?

Acsion's quarterly accounts payable & accrued expense increased from Aug. 2022 (R260 Mil) to Feb. 2023 (R317 Mil) and increased from Feb. 2023 (R317 Mil) to Aug. 2023 (R337 Mil).

Acsion's annual accounts payable & accrued expense increased from Feb. 2021 (R180 Mil) to Feb. 2022 (R301 Mil) and increased from Feb. 2022 (R301 Mil) to Feb. 2023 (R317 Mil).

Acsion Accounts Payable & Accrued Expense Historical Data

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

Acsion Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Accounts Payable & Accrued Expense

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36.54

99.06

180.04

300.55

317.49

Acsion Semi-Annual Data
	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												238.24	300.55	260.14	317.49	337.04

Acsion 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.

Acsion (JSE:ACS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Acsion Ltd (JSE:ACS) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Corner Rooihuiskraal and Hendrik Verwoerd Drives, Mall Reds, 1st Floor, Rooihuiskraal Ext 15, Centurion, ZAF, 0157

Website

https://www.acsionsa.co.za

Acsion Ltd is a property development company. The company has three main reportable segments which are, South African property operations, South African hospitality operations, and Foreign property operations. The company generates majority of its revenue from the South African property operations segment. Geographically, the company's majority of the activities are based in South Africa and Cyprus with a substantial part of its revenue being generated from its operations in South Africa.

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