Gemfields Group (JSE:GML) Accounts Payable & Accrued Expense : R625 Mil (As of Dec. 2023)

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What is Gemfields Group Accounts Payable & Accrued Expense?

Gemfields Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (R1,024 Mil) to Jun. 2023 (R1,283 Mil) but then declined from Jun. 2023 (R1,283 Mil) to Dec. 2023 (R625 Mil).

Gemfields Group's annual accounts payable & accrued expense increased from Dec. 2021 (R735 Mil) to Dec. 2022 (R1,024 Mil) but then declined from Dec. 2022 (R1,024 Mil) to Dec. 2023 (R625 Mil).

Gemfields Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gemfields 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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Gemfields Group Accounts Payable & Accrued Expense Chart

Gemfields Group Annual Data

Trend

Dec14

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Dec17

Dec18

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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485.92

215.33

735.32

1,024.38

625.45

Gemfields Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															735.32	1,181.76	1,024.38	1,282.58	625.45

Gemfields 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.

Gemfields Group (JSE:GML) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gemfields Group Ltd (JSE:GML) » Definitions » Accounts Payable & Accrued Expense

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PLLHF:USA GEM:UK 5PH:Germany

Address

St Julian’s Avenue, Royal Chambers, PO Box 186, St Peter Port, GGY, GY1 4HP

Website

https://www.gemfieldsgroup.com

Gemfields Group Ltd is engaged in the mining and marketing of colored gemstones. It has mining operations in Zambia for emeralds and amethysts, and in Mozambique for ruby and pink sapphire. The company's segments include Zambia, Mozambique, PGMs, Steel Making Materials, Corporate, Faberge, and Others.

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