Merafe Resources (JSE:MRF) Accounts Payable & Accrued Expense : R811 Mil (As of Dec. 2023)

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What is Merafe Resources Accounts Payable & Accrued Expense?

Merafe Resources's quarterly accounts payable & accrued expense increased from Dec. 2022 (R639 Mil) to Jun. 2023 (R893 Mil) but then declined from Jun. 2023 (R893 Mil) to Dec. 2023 (R811 Mil).

Merafe Resources's annual accounts payable & accrued expense declined from Dec. 2021 (R684 Mil) to Dec. 2022 (R639 Mil) but then increased from Dec. 2022 (R639 Mil) to Dec. 2023 (R811 Mil).

Merafe Resources Accounts Payable & Accrued Expense Historical Data

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

Merafe Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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455.98

482.32

684.05

639.16

810.94

Merafe Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															684.05	1,039.94	639.16	892.73	810.94

Merafe Resources 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.

Merafe Resources (JSE:MRF) Business Description

Industry

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Traded in Other Exchanges

RZT:Germany

Address

35 Ballyclare Drive, Building B, 2nd floor, Ballyoaks Office Park, Bryanston, ZAF, 2191

Website

https://www.meraferesources.co.za

Merafe Resources Ltd through its wholly-owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (Venture) operates five ferrochrome smelters, twenty-two ferrochrome furnaces, and nine mines, situated in the North-West, Limpopo, and Mpumalanga provinces of South Africa. The company has operating mines namely, Waterval mine; Marikana West; and Kroondal Gemini. The Group has one reportable segment being the mining and beneficiation of chrome ore into ferrochrome and associated minerals.