Adcorp Holdings (JSE:ADR) Accounts Payable & Accrued Expense : R893 Mil (As of Aug. 2023)

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What is Adcorp Holdings Accounts Payable & Accrued Expense?

Adcorp Holdings's quarterly accounts payable & accrued expense declined from Aug. 2022 (R878 Mil) to Feb. 2023 (R375 Mil) but then increased from Feb. 2023 (R375 Mil) to Aug. 2023 (R893 Mil).

Adcorp Holdings's annual accounts payable & accrued expense increased from Feb. 2021 (R372 Mil) to Feb. 2022 (R425 Mil) but then declined from Feb. 2022 (R425 Mil) to Feb. 2023 (R375 Mil).

Adcorp Holdings Accounts Payable & Accrued Expense Historical Data

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

Adcorp Holdings Annual Data

Trend

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Feb23

Accounts Payable & Accrued Expense

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1,170.75

447.35

372.13

425.22

375.31

Adcorp Holdings Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															878.00	425.22	877.77	375.31	892.79

Adcorp Holdings 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.

Adcorp Holdings (JSE:ADR) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Adcorp Holdings Ltd (JSE:ADR) » Definitions » Accounts Payable & Accrued Expense

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Address

102 Western Service Road, Adcorp Place, Gallo Manor Ext 6, Johannesburg, GT, ZAF, 2191

Website

https://www.adcorpgroup.com

Adcorp Holdings Ltd is engaged in providing workplace solutions. The company renders services in the fields of permanent recruitment and flexible staffing sectors, professional IT services, as well as the provision of business process outsourcing, training, and financial services. Its operating segments are Industrial Services, Professional Services, Training Services, and Australia. The geographical segments are South Africa and International.

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