Sameer Africa (NAI:SMER) Accounts Payable & Accrued Expense : KES0.0 Mil (As of Jun. 2023)

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What is Sameer Africa Accounts Payable & Accrued Expense?

Sameer Africa's quarterly accounts payable & accrued expense increased from Jun. 2022 (KES0.0 Mil) to Dec. 2022 (KES141.8 Mil) but then declined from Dec. 2022 (KES141.8 Mil) to Jun. 2023 (KES0.0 Mil).

Sameer Africa's annual accounts payable & accrued expense increased from Dec. 2020 (KES41.3 Mil) to Dec. 2021 (KES85.5 Mil) and increased from Dec. 2021 (KES85.5 Mil) to Dec. 2022 (KES141.8 Mil).

Sameer Africa Accounts Payable & Accrued Expense Historical Data

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

Sameer Africa Annual Data

Trend

Dec13

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Dec15

Dec16

Dec17

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Dec19

Dec20

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Dec22

Accounts Payable & Accrued Expense

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258.89

244.21

41.30

85.54

141.82

Sameer Africa Semi-Annual Data
	Dec11	Dec12	Dec13	Jun14	Dec14	Jun15	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	85.54	-	141.82	-

Sameer Africa 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.

Sameer Africa (NAI:SMER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sameer Africa Ltd (NAI:SMER) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mombasa Road Junction, PO Box 30429, LR No. 12081/9, Nairobi, KEN, 00100

Website

https://www.sameerafrica.com

Sameer Africa Ltd engages in the manufacturing and distribution of tyres and allied products and the letting of investment property. The company operates through four business segments: sourcing and distribution, regional operations, Yana tyre centre, and rental business where the sourcing and distribution segment is engaged in the manufacturing and distribution of tires, tubes, and flaps, the regional operations segment engages in the buying and distribution of tires, tubes, and flaps in the Eastern Africa region, Yana tyre center segment is involved in the retailing of tires, tubes, and flaps, and the provision of tire-related services and the rental business segment is engaged in the letting of investment properties.

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