AFC Group Holdings (NZSE:AFC) Accounts Payable & Accrued Expense : NZ$1.46 Mil (As of Mar. 2024)

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What is AFC Group Holdings Accounts Payable & Accrued Expense?

AFC Group Holdings's quarterly accounts payable & accrued expense increased from Mar. 2023 (NZ$1.33 Mil) to Sep. 2023 (NZ$1.53 Mil) but then declined from Sep. 2023 (NZ$1.53 Mil) to Mar. 2024 (NZ$1.46 Mil).

AFC Group Holdings's annual accounts payable & accrued expense increased from Mar. 2022 (NZ$1.25 Mil) to Mar. 2023 (NZ$1.33 Mil) and increased from Mar. 2023 (NZ$1.33 Mil) to Mar. 2024 (NZ$1.46 Mil).

AFC Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for AFC Group 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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AFC Group Holdings Accounts Payable & Accrued Expense Chart

AFC Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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0.77

0.87

1.25

1.33

1.46

AFC Group Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.25	1.19	1.33	1.53	1.46

AFC Group 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.

AFC Group Holdings (NZSE:AFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » AFC Group Holdings Ltd (NZSE:AFC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 15, Tower 2, 205 Queen Street, Auckland, NZL, 1010

Website

http://www.afcnz.com

AFC Group Holdings Ltd operates in the production, manufacture, distribution, and purchase of food, health, and cosmetic products. The business activities of the group are operated through International Marketing; Vineyard and Winery; Corporate; and Manufacturing segments. International Marketing segment which generates majority revenue sources packaged food, cosmetics, and health products. Vineyard and Winery segment produces and sells a number of varietals and blends of wine. The corporate segment provides accounting, management, and administration services. Manufacturing segment covers a face-mask production line.