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Grindrod Shipping Holdings (JSE:GSH) Accounts Payable & Accrued Expense : R587 Mil (As of Dec. 2023)


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What is Grindrod Shipping Holdings Accounts Payable & Accrued Expense?

Grindrod Shipping Holdings's quarterly accounts payable & accrued expense increased from Jun. 2023 (R288 Mil) to Sep. 2023 (R339 Mil) and increased from Sep. 2023 (R339 Mil) to Dec. 2023 (R587 Mil).

Grindrod Shipping Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (R551 Mil) to Dec. 2022 (R520 Mil) but then increased from Dec. 2022 (R520 Mil) to Dec. 2023 (R587 Mil).


Grindrod Shipping Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Grindrod Shipping Holdings'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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Grindrod Shipping Holdings Accounts Payable & Accrued Expense Chart

Grindrod Shipping Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 521.64 456.95 550.80 519.52 587.18

Grindrod Shipping Holdings Quarterly Data
Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 519.52 331.74 288.03 338.69 587.18

Grindrod Shipping Holdings 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.


Grindrod Shipping Holdings (JSE:GSH) Business Description

Traded in Other Exchanges
Address
200 Cantonment Road, No. 03-01 Southpoint, Singapore, SGP, 089763
Grindrod Shipping Holdings Ltd owns charters in and operates a fleet of drybulk carriers and one tanker. The drybulk carrier's business is further divided into handysize, and supramax. It generates its revenue from Vessels which comprise charter hire of ships and freight revenue.

Grindrod Shipping Holdings (JSE:GSH) Headlines

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