Nictus Holdings (NAM:NHL) Accounts Payable & Accrued Expense : R181 Mil (As of Dec. 2023)

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What is Nictus Holdings Accounts Payable & Accrued Expense?

Nictus Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (R114 Mil) to Jun. 2023 (R161 Mil) and increased from Jun. 2023 (R161 Mil) to Dec. 2023 (R181 Mil).

Nictus Holdings's annual accounts payable & accrued expense increased from Mar. 2021 (R51 Mil) to Jun. 2022 (R100 Mil) and increased from Jun. 2022 (R100 Mil) to Jun. 2023 (R161 Mil).

Nictus Holdings Accounts Payable & Accrued Expense Historical Data

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

Nictus Holdings Annual Data

Trend

Mar20

Mar21

Jun22

Jun23

Accounts Payable & Accrued Expense

62.17

50.80

100.43

161.13

Nictus Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			50.80	-	114.27	161.13	181.17

Nictus Holdings 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.

Nictus Holdings (NAM:NHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nictus Holdings Ltd (NAM:NHL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 Mandume Ndemufayo Avenue, 1st Floor, Nictus Building, P.O. Box 755, Southern Industrial Area, Windhoek, NAM

Website

http://www.nictusholdings.com

Nictus Holdings Ltd retails automobiles, tyres, furniture and provides financial and insurance services in Namibia. The company operates through three segments namely, Retail, Properties, and Insurance and Finance. The Retail segment sells multi-brand tires, retreaded tires, wheels, and allied services. The Properties segment invests in properties. The Insurance and Finance segment provides risk management solutions, and financial assistance. Majority revenue of the company is earned from Retail segment.

Nictus Holdings (NAM:NHL) Headlines

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