Afarak Group SE (CHIX:AFAGRH) Accounts Payable & Accrued Expense : €11.1 Mil (As of Dec. 2022)

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What is Afarak Group SE Accounts Payable & Accrued Expense?

Afarak Group SE's quarterly accounts payable & accrued expense declined from Dec. 2021 (€17.9 Mil) to Jun. 2022 (€12.4 Mil) and declined from Jun. 2022 (€12.4 Mil) to Dec. 2022 (€11.1 Mil).

Afarak Group SE's annual accounts payable & accrued expense declined from Dec. 2021 (€17.9 Mil) to Dec. 2022 (€11.1 Mil) but then increased from Dec. 2022 (€11.1 Mil) to Dec. 2023 (€15.3 Mil).

Afarak Group SE Accounts Payable & Accrued Expense Historical Data

The historical data trend for Afarak Group SE'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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Afarak Group SE Accounts Payable & Accrued Expense Chart

Afarak Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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15.30

11.26

17.88

11.11

15.31

Afarak Group SE Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															10.70	17.88	12.36	11.11	15.31

Afarak Group SE 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.

Afarak Group SE (CHIX:AFAGRH) Business Description

Industry

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Traded in Other Exchanges

AFAGR:Finland

Address

Kaisaniemenkatu 4, Helsinki, FIN, 00100

Website

https://www.afarak.com

Afarak Group SE is a chrome mining and minerals producer focused on sustainable growth with a specialty alloys business in southern Europe and a ferroalloys business. The company has two operating segments FerroAlloys and Speciality Alloys. The FerroAlloys business consists of the plant Mogale Alloys, Vlakpoort mine, Zeerust mine, the Stellite mine, and the Mecklenburg mine in South Africa. It produces chrome ore, charge chrome, medium carbon ferrochrome, and silicomanganese. The Speciality Alloys business consists of Turk Maadin Sirketi A.S, the mining and beneficiation operation in Turkey, and Elektrowerk Weisweiler GmbH, the chromite concentrate processing plant in Germany. The company operates in European countries, the United States, China, Africa, Finland, and Other countries.

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