Associated Commercial Co (XMAU:ACC) Accounts Payable & Accrued Expense : MUR0.0 Mil (As of Dec. 2023)

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What is Associated Commercial Co Accounts Payable & Accrued Expense?

Associated Commercial Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (MUR29.9 Mil) to Sep. 2023 (MUR0.0 Mil) but then stayed the same from Sep. 2023 (MUR0.0 Mil) to Dec. 2023 (MUR0.0 Mil).

Associated Commercial Co's annual accounts payable & accrued expense declined from Jun. 2021 (MUR70.5 Mil) to Jun. 2022 (MUR47.1 Mil) and declined from Jun. 2022 (MUR47.1 Mil) to Jun. 2023 (MUR29.9 Mil).

Associated Commercial Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Associated Commercial Co'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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Associated Commercial Co Accounts Payable & Accrued Expense Chart

Associated Commercial Co Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

9.60

70.51

47.12

29.92

Associated Commercial Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									-	-	29.92	-	-

Associated Commercial Co 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.

Associated Commercial Co (XMAU:ACC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Associated Commercial Co Ltd (XMAU:ACC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o United Bus Service Ltd., Les Cassis, Port Louis, MUS

Website

https://www.accgroup.mu/acc

Associated Commercial Co Ltd is a dealer of motor vehicles, spare parts, new tyres and accessories. The principal activity of the company is the import and distribution tyres, tubes, flaps and spare parts for commercial vehicles. The company's reportable segments are Vehicles, Batteries and Lubricants, Spare Parts and Tyres. The company generates majority of its revenue from Tyres segment.