Socfinaf (LUX:SOFAF) Accounts Payable & Accrued Expense : €78.1 Mil (As of Dec. 2024)

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What is Socfinaf Accounts Payable & Accrued Expense?

Socfinaf's quarterly accounts payable & accrued expense increased from Dec. 2023 (€75.6 Mil) to Jun. 2024 (€91.3 Mil) but then declined from Jun. 2024 (€91.3 Mil) to Dec. 2024 (€78.1 Mil).

Socfinaf's annual accounts payable & accrued expense declined from Dec. 2022 (€90.5 Mil) to Dec. 2023 (€75.6 Mil) but then increased from Dec. 2023 (€75.6 Mil) to Dec. 2024 (€78.1 Mil).

Socfinaf Accounts Payable & Accrued Expense Historical Data

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

Socfinaf Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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154.33

102.73

90.54

75.55

78.05

Socfinaf Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															90.54	153.99	75.55	91.28	78.05

Socfinaf 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.

Socfinaf Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Socfinaf SA (LUX:SOFAF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

4, avenue Guillaume, Luxembourg, LUX, 1650

Website

https://www.socfin.com

Socfinaf SA is a Luxemburg-based company that along with its subsidiaries, is engaged in the management of a portfolio of holdings that mainly focus on the exploitation of tropical oil palm and rubber plantations in Africa. Its products include Rubber, Palm oil, and Seeds.

Socfinaf Headlines

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