Lesaka Technologies (JSE:LSK) Accounts Payable & Accrued Expense : R1,215 Mil (As of Mar. 2024)

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What is Lesaka Technologies Accounts Payable & Accrued Expense?

Lesaka Technologies's quarterly accounts payable & accrued expense increased from Sep. 2023 (R886 Mil) to Dec. 2023 (R1,122 Mil) and increased from Dec. 2023 (R1,122 Mil) to Mar. 2024 (R1,215 Mil).

Lesaka Technologies's annual accounts payable & accrued expense increased from Jun. 2021 (R412 Mil) to Jun. 2022 (R754 Mil) and increased from Jun. 2022 (R754 Mil) to Jun. 2023 (R792 Mil).

Lesaka Technologies Accounts Payable & Accrued Expense Historical Data

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

Lesaka Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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944.29

707.59

412.02

754.49

792.02

Lesaka Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															948.87	792.02	885.89	1,121.94	1,214.99

Lesaka Technologies 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.

Lesaka Technologies (JSE:LSK) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Lesaka Technologies Inc (JSE:LSK) » Definitions » Accounts Payable & Accrued Expense

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LSAK:USA

Address

Corner Jan Smuts Avenue and Bolton Road, President Place, 4th Floor, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.lesakatech.com

Lesaka Technologies Inc provides payment solutions, transaction processing solutions, and financial technologies. The company operates two reportable segments: Merchant and Consumer. The company operates mainly within South Africa. The Merchant segment that derives majority revenue includes activities related to the provision of goods and services provided to corporate and other juristic entities. It earns fees from processing activities performed for its customers and revenue generated from the distribution of prepaid airtime. The Consumer segment includes activities related to the provision of financial services to customers, including bank accounts, loans, and insurance products. The firm charges monthly administration fees for all bank accounts.

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