Novus Holdings (JSE:NVS) Accounts Payable & Accrued Expense : R251 Mil (As of Mar. 2024)

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What is Novus Holdings Accounts Payable & Accrued Expense?

Novus Holdings's quarterly accounts payable & accrued expense increased from Mar. 2023 (R334 Mil) to Sep. 2023 (R764 Mil) but then declined from Sep. 2023 (R764 Mil) to Mar. 2024 (R251 Mil).

Novus Holdings's annual accounts payable & accrued expense declined from Mar. 2022 (R341 Mil) to Mar. 2023 (R334 Mil) and declined from Mar. 2023 (R334 Mil) to Mar. 2024 (R251 Mil).

Novus Holdings Accounts Payable & Accrued Expense Historical Data

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

Novus Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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268.59

266.95

341.09

333.58

251.18

Novus Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															341.09	878.28	333.58	763.92	251.18

Novus 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.

Novus Holdings (JSE:NVS) Business Description

Industry

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Traded in Other Exchanges

N09:Germany

Address

10 Freedom Way, Marconi Beam, Montague Gardens, Milnerton, Cape Town, WC, ZAF, 7441

Website

https://www.novus.holdings

Novus Holdings Ltd services South Africa and the African continent through its print production of all short to long-run requirements of educational materials, magazines, retail inserts, catalogs, books, newspapers, and commercial work, as well as security and digital printing. The company's reportable segment comprises Printing, Education, and Packaging where printing includes gravure, headset, coldest, sheet-fed, and digital, education contains educational content and packaging includes labels and flexible packaging. Other includes non-print or packaging products. The Majority of the firm's revenue is derived from the Printing segment.