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RCL Foods (JSE:RCL) Accounts Payable & Accrued Expense : R5,659 Mil (As of Dec. 2023)


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What is RCL Foods Accounts Payable & Accrued Expense?

RCL Foods's quarterly accounts payable & accrued expense declined from Dec. 2022 (R8,515 Mil) to Jun. 2023 (R2,804 Mil) but then increased from Jun. 2023 (R2,804 Mil) to Dec. 2023 (R5,659 Mil).

RCL Foods's annual accounts payable & accrued expense increased from Jun. 2021 (R4,662 Mil) to Jun. 2022 (R5,763 Mil) but then declined from Jun. 2022 (R5,763 Mil) to Jun. 2023 (R2,804 Mil).


RCL Foods Accounts Payable & Accrued Expense Historical Data

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

RCL Foods Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,794.76 5,769.28 4,661.82 5,762.55 2,803.78

RCL Foods 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,028.57 5,762.55 8,515.39 2,803.78 5,658.87

RCL Foods 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.


RCL Foods (JSE:RCL) Business Description

Traded in Other Exchanges
N/A
Address
Ten The Boulevard, Westway Office Park, Westville, NL, ZAF, 3629
RCL Foods Ltd is a leading African food producer with operations across South Africa, Swaziland, Namibia, Botswana, and Zambia. RCL Foods operates through the below segments, Groceries segment: Engaged in Culinary (includes Mayonnaise, Peanut Butter, Rusks etc.) and Pet Food and Beverages operations; Baking segment: Includes the Milling, Speciality, Pies, Sunbake and Sunshine bakeries and Buns and Rolls; Sugar segment: Includes Sugar and molasses-based feed (Molatek) operations; Rainbow segment includes the chicken business, grain-based feed (Epol and Driehoek) and Waste-to-Value operations. The company generates the majority of its revenue from the Rainbow segment.