Grindrod (JSE:GNDP.PFD) Accounts Payable & Accrued Expense : R1,354.99 Mil (As of Dec. 2023)

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What is Grindrod Accounts Payable & Accrued Expense?

Grindrod's quarterly accounts payable & accrued expense increased from Dec. 2022 (R1,337.55 Mil) to Jun. 2023 (R1,958.68 Mil) but then declined from Jun. 2023 (R1,958.68 Mil) to Dec. 2023 (R1,354.99 Mil).

Grindrod's annual accounts payable & accrued expense increased from Dec. 2021 (R940.04 Mil) to Dec. 2022 (R1,337.55 Mil) and increased from Dec. 2022 (R1,337.55 Mil) to Dec. 2023 (R1,354.99 Mil).

Grindrod Accounts Payable & Accrued Expense Historical Data

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

Grindrod Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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925.52

1,117.82

940.04

1,337.55

1,354.99

Grindrod 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															940.04	1,839.75	1,337.55	1,958.68	1,354.99

Grindrod 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.

Grindrod (JSE:GNDP.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grindrod Ltd (JSE:GNDP.PFD) » Definitions » Accounts Payable & Accrued Expense

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GND:South Africa

Address

106 Margaret Mncadi Avenue, Grindrod Mews, Durban, NL, ZAF, 4001

Website

https://www.grindrod.com

Grindrod Ltd is a logistics and financial services company with significant investments in marine fuel trading, private equity, and the property sector. The company organizes itself into three segments: logistics, ports and terminals, and bank. The logistics segment, which generates the majority of revenue, is involved in providing complete freight services, storage of containers, and clearing. The Ports and Terminals segment provides bulk handling of commodities. The bank segment provides loan finance and retail services through Grindrod Bank. The company is based in South Africa and operates in the following regions, in order of revenue share: Singapore/Asia/Australia, Middle East, South Africa, the United Kingdom/Europe, North America/Bermuda, and the rest of Africa.

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