Africa Opportunity Fund (LSE:AOF) Accounts Payable & Accrued Expense : $0.16 Mil (As of Dec. 2023)

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What is Africa Opportunity Fund Accounts Payable & Accrued Expense?

Africa Opportunity Fund's quarterly accounts payable & accrued expense declined from Dec. 2022 ($0.15 Mil) to Jun. 2023 ($0.07 Mil) but then increased from Jun. 2023 ($0.07 Mil) to Dec. 2023 ($0.16 Mil).

Africa Opportunity Fund's annual accounts payable & accrued expense declined from Dec. 2021 ($0.20 Mil) to Dec. 2022 ($0.15 Mil) but then increased from Dec. 2022 ($0.15 Mil) to Dec. 2023 ($0.16 Mil).

Africa Opportunity Fund Accounts Payable & Accrued Expense Historical Data

The historical data trend for Africa Opportunity Fund'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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Africa Opportunity Fund Accounts Payable & Accrued Expense Chart

Africa Opportunity Fund Annual Data

Trend

Dec12

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.33

0.15

0.20

0.15

0.16

Africa Opportunity Fund Semi-Annual Data
	Jun12	Dec12	Jun13	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															0.20	0.19	0.15	0.07	0.16

Africa Opportunity Fund 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.

Africa Opportunity Fund (LSE:AOF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Africa Opportunity Fund Ltd (LSE:AOF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

South Church Street, P.O. Box 309, George Town, Ugland House, Grand Cayman, CYM

Website

https://www.africaopportunityfund.com

Africa Opportunity Fund Ltd operates in United Kingdom's financial service sector and is a closed-end investment company formed with the objective of achieving capital growth and income through investments in value, arbitrage, and special situations opportunities derived from the continent of Africa. The Company is organized into one main operating segment, which invests in equity securities, debt instruments, and relative derivatives. All of the Company's activities are interrelated, and each activity is dependent on the others.

Africa Opportunity Fund (LSE:AOF) Headlines

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