Nation Media Group (NAI:NMG) Accounts Payable & Accrued Expense : KES1,603 Mil (As of Dec. 2023)

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What is Nation Media Group Accounts Payable & Accrued Expense?

Nation Media Group's quarterly accounts payable & accrued expense increased from Dec. 2021 (KES1,609 Mil) to Dec. 2022 (KES1,689 Mil) but then declined from Dec. 2022 (KES1,689 Mil) to Dec. 2023 (KES1,603 Mil).

Nation Media Group's annual accounts payable & accrued expense increased from Dec. 2021 (KES1,609 Mil) to Dec. 2022 (KES1,689 Mil) but then declined from Dec. 2022 (KES1,689 Mil) to Dec. 2023 (KES1,603 Mil).

Nation Media Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nation Media Group'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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Nation Media Group Accounts Payable & Accrued Expense Chart

Nation Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,732.40

1,362.30

1,609.20

1,689.30

1,603.20

Nation Media Group Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											1,732.40	1,362.30	1,609.20	1,689.30	1,603.20

Nation Media Group 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.

Nation Media Group Business Description

Industry

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Traded in Other Exchanges

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Address

Kimathi Street, P. O Box 49010, Nation Centre, Nairobi, KEN, 00100

Website

https://www.nationmedia.com

Nation Media Group PLC is a media house in East and Central Africa. Its principal activities of the group are the publication, printing, and distribution of newspapers and magazines, radio and television broadcasting, and digital online products. It has businesses in television networks, film, and TV entertainment and delivers content on a multi-platform basis. Its operating segments are Newspapers & Digital and broadcasting. It generated the majority of its revenue from Newspapers & Digital segments that are engaged in the sale of newspapers, advertisements published in the newspapers, advertisements in the digital platforms, and subscriptions of e-paper.