Afristrat Investment Holdings (JSE:ATI) Accounts Payable & Accrued Expense : R62.82 Mil (As of Sep. 2021)

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What is Afristrat Investment Holdings Accounts Payable & Accrued Expense?

Afristrat Investment Holdings's quarterly accounts payable & accrued expense declined from Sep. 2020 (R69.90 Mil) to Mar. 2021 (R26.97 Mil) but then increased from Mar. 2021 (R26.97 Mil) to Sep. 2021 (R62.82 Mil).

Afristrat Investment Holdings's annual accounts payable & accrued expense declined from Mar. 2018 (R98.32 Mil) to Jun. 2019 (R21.48 Mil) but then increased from Jun. 2019 (R21.48 Mil) to Mar. 2021 (R26.97 Mil).

Afristrat Investment Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Afristrat Investment 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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Afristrat Investment Holdings Accounts Payable & Accrued Expense Chart

Afristrat Investment Holdings Annual Data

Trend

Jun09

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Mar21

Accounts Payable & Accrued Expense

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13.10

25.53

98.32

21.48

26.97

Afristrat Investment Holdings Semi-Annual Data
	Jun05	Jun06	Jun08	Jun09	Jun10	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Sep17	Mar18	Dec18	Jun19	Dec19	Sep20	Mar21	Sep21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															21.48	46.75	69.90	26.97	62.82

Afristrat Investment 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.

Afristrat Investment Holdings (JSE:ATI) Business Description

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

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Address

43 Garsfontein Road, 1st Floor, The Wedge, Waterkloof, ZAF, 0145

Website

https://www.afristrat.ltd

Afristrat Investment Holdings Ltd is engaged in providing accounting services, taxation services, business consultancy services, digital marketing and funding services, and other strategic services.