Italtile (JSE:ITE) Accounts Payable & Accrued Expense : R597 Mil (As of Dec. 2023)

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What is Italtile Accounts Payable & Accrued Expense?

Italtile's quarterly accounts payable & accrued expense declined from Dec. 2022 (R601 Mil) to Jun. 2023 (R553 Mil) but then increased from Jun. 2023 (R553 Mil) to Dec. 2023 (R597 Mil).

Italtile's annual accounts payable & accrued expense declined from Jun. 2021 (R412 Mil) to Jun. 2022 (R326 Mil) but then increased from Jun. 2022 (R326 Mil) to Jun. 2023 (R553 Mil).

Italtile Accounts Payable & Accrued Expense Historical Data

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

Italtile Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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382.00

498.00

412.00

326.00

553.00

Italtile 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															503.00	326.00	601.00	553.00	597.00

Italtile 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.

Italtile (JSE:ITE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Italtile Ltd (JSE:ITE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corner William Nicol Drive and Peter Place, The Italtile Building, Bryanston, Johannesburg, GT, ZAF, 2021

Website

https://www.italtile.com

Italtile Ltd is a South Africa-based retailer of imported and local ceramic tiles, bathroom accessories, and related products. Its core business segments into five areas: retail, franchising, properties, manufacturing, and supply and support services. The company's four brands - Italtile, CTM, topT, and U-Light -provide tiles, bath fixtures, home finishing products, lighting, and other accessories. Its manufacturing includes the production of tiles, sanitaryware, baths, adhesive and related products. Italtile derives the majority of its pretax profit from South Africa, predominantly from its retail segment and secondarily from its manufacturing operations.

Italtile (JSE:ITE) Headlines

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