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Remgro (JSE:REM) Accounts Payable & Accrued Expense : R7,722 Mil (As of Dec. 2023)


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What is Remgro Accounts Payable & Accrued Expense?

Remgro's quarterly accounts payable & accrued expense declined from Dec. 2022 (R18,514 Mil) to Jun. 2023 (R2,370 Mil) but then increased from Jun. 2023 (R2,370 Mil) to Dec. 2023 (R7,722 Mil).

Remgro's annual accounts payable & accrued expense increased from Jun. 2021 (R9,124 Mil) to Jun. 2022 (R11,899 Mil) but then declined from Jun. 2022 (R11,899 Mil) to Jun. 2023 (R2,370 Mil).

Remgro Accounts Payable & Accrued Expense Historical Data

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

Remgro 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 8,533.00 8,563.00 9,124.00 11,899.00 2,370.00

Remgro 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 16,400.00 11,899.00 18,514.00 2,370.00 7,722.00

Remgro 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.

Remgro (JSE:REM) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Remgro Ltd (JSE:REM) » Definitions » Accounts Payable & Accrued Expense
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RMGOF:USA RE7:Germany
Address
16 Stellentia Avenue, Millennia Park, Stellenbosch, ZAF, 7600
Website
https://www.remgro.com
Remgro Ltd is an investment holding company that consists of operating subsidiaries and noncontrolled investments in listed and unlisted companies. The company's investments span a variety of end markets, including food, liquor, home care, banking, healthcare, insurance, industrial, infrastructure, media, and sports industries. Its business model emphasizes decentralization, particularly concerning the management and corporate governance matters of its holdings. Management invests in companies it believes can generate superior levels of free cash flow. Its investment candidates mostly come from South Africa, where the company operates. Management also makes global investments in tandem with experienced partners.