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RioZim (XZIM:RIOZ.ZW) Accounts Payable & Accrued Expense : ZWG2,125.6 Mil (As of Dec. 2024)


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What is RioZim Accounts Payable & Accrued Expense?

RioZim's quarterly accounts payable & accrued expense declined from Dec. 2023 (ZWG97,668.7 Mil) to Jun. 2024 (ZWG1,086.0 Mil) but then increased from Jun. 2024 (ZWG1,086.0 Mil) to Dec. 2024 (ZWG2,125.6 Mil).

RioZim's annual accounts payable & accrued expense increased from Dec. 2022 (ZWG8,835.8 Mil) to Dec. 2023 (ZWG97,668.7 Mil) but then declined from Dec. 2023 (ZWG97,668.7 Mil) to Dec. 2024 (ZWG2,125.6 Mil).

RioZim Accounts Payable & Accrued Expense Historical Data

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

RioZim Annual Data
Trend Dec09 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,663.41 3,683.81 8,835.81 97,668.71 2,125.58

RioZim Semi-Annual Data
Dec09 Dec11 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense 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 Premium Member Only Premium Member Only 8,835.81 375,884.32 97,668.71 1,086.02 2,125.58

RioZim 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.

RioZim Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » RioZim Ltd (XZIM:RIOZ.ZW) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
No.1 Kenilworth Road, Highlands, Harare, ZWE
Website
https://www.riozim.co.zw
RioZim Ltd together with its subsidiaries engages in mining and metallurgical operations. The company's operating segments include Gold and Base Metals. The gold segment develops and mines gold that is ultimately sold as gold bullion. It generates maximum revenue from the Gold. Geographically, it derives a majority of its revenue from Zimbabwe. All the group's operations are located in Zimbabwe and situated in two geographic locations, Masvingo Province and Mashonaland West Province. The company is engaged in the operation of the Renco Goldmine in the south-east of Zimbabwe, the Dalny Mine based in Chakari, the Cam and Motor gold and the Empress Nickel Refinery mine in Kadoma.

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