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African Distillers (XZIM:AFDS.ZW) Total Current Liabilities : ZWL51,408 Mil (As of Sep. 2023)


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What is African Distillers Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. African Distillers's total current liabilities for the quarter that ended in Sep. 2023 was ZWL51,408

African Distillers Total Current Liabilities Historical Data

The historical data trend for African Distillers's Total Current Liabilities 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 Total Current Liabilities Chart

African Distillers Annual Data
Trend Jun09 Jun11 Jun12 Jun18 Jun19 Jun20 Mar22 Mar23
Total Current Liabilities
Get a 7-Day Free Trial 15.18 162.11 361.38 1,119.18 12,477.76

African Distillers Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Sep21 Mar22 Sep22 Mar23 Sep23
Total Current Liabilities 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 759.31 1,119.18 6,247.48 12,477.76 51,407.92

African Distillers Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

African Distillers's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=8732.778+3744.982
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=12,478

African Distillers's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=13317.036+22183.636
+Other Current Liabilities+Current Deferred Liabilities
=15907.248+0
=51,408

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

African Distillers Total Current Liabilities Related Terms

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African Distillers (XZIM:AFDS.ZW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » African Distillers Ltd (XZIM:AFDS.ZW) » Definitions » Total Current Liabilities
Comparable Companies
CAS:ALM CAS:MDP CAS:SBM CAS:ATH CAS:DRI CAS:CSR CAS:PRO CAS:IMO CAS:SMI CAS:DYT SHSE:600519 SZSE:000858 LSE:DGE XPAR:RI STZ SZSE:000568 SHSE:600809 BF.B SZSE:002304 SZSE:000596
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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