Octodec Investments (JSE:OCT) Accounts Payable & Accrued Expense : R406.4 Mil (As of Feb. 2024)

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What is Octodec Investments Accounts Payable & Accrued Expense?

Octodec Investments's quarterly accounts payable & accrued expense declined from Feb. 2023 (R399.0 Mil) to Aug. 2023 (R39.9 Mil) but then increased from Aug. 2023 (R39.9 Mil) to Feb. 2024 (R406.4 Mil).

Octodec Investments's annual accounts payable & accrued expense declined from Aug. 2021 (R85.8 Mil) to Aug. 2022 (R53.3 Mil) and declined from Aug. 2022 (R53.3 Mil) to Aug. 2023 (R39.9 Mil).

Octodec Investments Accounts Payable & Accrued Expense Historical Data

The historical data trend for Octodec Investments'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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Octodec Investments Accounts Payable & Accrued Expense Chart

Octodec Investments Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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393.96

81.01

85.80

53.29

39.94

Octodec Investments Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															405.62	53.29	399.03	39.94	406.39

Octodec Investments 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.

Octodec Investments (JSE:OCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Octodec Investments Ltd (JSE:OCT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Du Toit Street, CPA House, Tshwane, Pretoria, GT, ZAF, 0002

Website

https://www.octodec.co.za

Octodec Investments Ltd is a real estate investment trust (REIT). The company generates rental income from Residential, Retail - street shops, Retail - shopping centres, offices, industrial, and parking, where the majority of its revenue is from the Residential segment.

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