African Discovery Group (African Discovery Group) Accounts Payable & Accrued Expense : $0.36 Mil (As of Aug. 2023)

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What is African Discovery Group Accounts Payable & Accrued Expense?

African Discovery Group's quarterly accounts payable & accrued expense declined from Feb. 2017 ($0.63 Mil) to Aug. 2022 ($0.00 Mil) but then increased from Aug. 2022 ($0.00 Mil) to Aug. 2023 ($0.36 Mil).

African Discovery Group's annual accounts payable & accrued expense declined from Feb. 2015 ($0.49 Mil) to Feb. 2016 ($0.43 Mil) but then increased from Feb. 2016 ($0.43 Mil) to Feb. 2017 ($0.63 Mil).

African Discovery Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for African Discovery Group'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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African Discovery Group Accounts Payable & Accrued Expense Chart

African Discovery Group Annual Data

Trend

Dec10

Feb12

Feb13

Feb15

Feb16

Feb17

Accounts Payable & Accrued Expense

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0.34

0.56

0.49

0.43

0.63

African Discovery Group Semi-Annual Data
	Jun10	Dec10	Jun11	Feb12	Aug12	Feb13	Aug13	Feb15	Aug15	Feb16	Aug16	Feb17	Aug22	Aug23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									0.43	0.53	0.63	-	0.36

African Discovery Group 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.

African Discovery Group (African Discovery Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » African Discovery Group Inc (OTCPK:AFDG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

445 Park Avenue, Ninth Floor, New York, NY, USA, 10022

Website

https://www.africandiscoverygroup.com

African Discovery Group Inc primary business from which it currently generates revenue includes power, agriculture/sustainability, media, strategic minerals, and finance sectors on the African continent.

African Discovery Group (African Discovery Group) Headlines

From GuruFocus

African Discovery Group, Inc. (AFDG) enters collaboration with Ogelle, a dedicated African Social Media Network; announces DTC eligibility

By PRNewswire PRNewswire • 02-25-2021

African Discovery Group, Inc. Announces Completion of Capital Raise

By PRNewswire PRNewswire • 02-08-2021