African Distillers (XZIM:AFDS.ZW) Accounts Payable & Accrued Expense : ZWL13,317 Mil (As of Sep. 2023)

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What is African Distillers Accounts Payable & Accrued Expense?

African Distillers's quarterly accounts payable & accrued expense increased from Sep. 2022 (ZWL3,428 Mil) to Mar. 2023 (ZWL8,733 Mil) and increased from Mar. 2023 (ZWL8,733 Mil) to Sep. 2023 (ZWL13,317 Mil).

African Distillers's annual accounts payable & accrued expense increased from Jun. 2020 (ZWL361 Mil) to Mar. 2022 (ZWL598 Mil) and increased from Mar. 2022 (ZWL598 Mil) to Mar. 2023 (ZWL8,733 Mil).

African Distillers Accounts Payable & Accrued Expense Historical Data

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

African Distillers Annual Data

Trend

Jun09

Jun11

Jun12

Jun18

Jun19

Jun20

Mar22

Mar23

Accounts Payable & Accrued Expense

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15.18

162.11

361.38

598.40

8,732.78

African Distillers Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										432.15	598.40	3,428.00	8,732.78	13,317.04

African Distillers 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.

African Distillers (XZIM:AFDS.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » African Distillers Ltd (XZIM:AFDS.ZW) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 km peg Lomagundi Road, Stapleford, Westgate, Harare, ZWE

Website

https://www.africandistillers.co.zw

African Distillers Ltd is engaged in the manufacturing, distribution, and marketing of branded spirits, ciders, and wines for the Zimbabwean market and for export. The company has six depots in Bulawayo, Harare, Kwekwe, Masvingo, Mutare and Victoria Falls. Brown spirits sales generate maximum revenue for the company. The product portfolio includes brown spirits, ciders, white spirits, still wines, liqueur, spirit coolers, fortified wines, sparkling wines, and sparkling juice.

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