Notore Chemical Industries (NSA:NOTORE) Accounts Payable & Accrued Expense : ₦62,471 Mil (As of Sep. 2024)

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What is Notore Chemical Industries Accounts Payable & Accrued Expense?

Notore Chemical Industries's quarterly accounts payable & accrued expense increased from Mar. 2024 (₦51,639 Mil) to Jun. 2024 (₦59,919 Mil) and increased from Jun. 2024 (₦59,919 Mil) to Sep. 2024 (₦62,471 Mil).

Notore Chemical Industries's annual accounts payable & accrued expense declined from Dec. 2021 (₦32,397 Mil) to Dec. 2022 (₦30,421 Mil) but then increased from Dec. 2022 (₦30,421 Mil) to Dec. 2023 (₦46,991 Mil).

Notore Chemical Industries Accounts Payable & Accrued Expense Historical Data

The historical data trend for Notore Chemical Industries'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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Notore Chemical Industries Accounts Payable & Accrued Expense Chart

Notore Chemical Industries Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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13,861.41

17,189.44

32,397.02

30,420.56

46,990.91

Notore Chemical Industries Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															64,466.43	46,990.91	51,638.59	59,919.49	62,471.40

Notore Chemical Industries 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.

Notore Chemical Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Notore Chemical Industries PLC (NSA:NOTORE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Notore Industrial Complex, Onne, Rivers State, NGA

Website

https://www.notore.com

Notore Chemical Industries PLC is a Nigerian company that manufactures chemical products. The company manufactures, treats, processes, produces, supplies and deals in nitrogenous fertilizers and all substances suited to improving the fertility of soil and water. It generates maximum revenue from Urea and other chemicals. The company offers products including NPK, Ammonia and Urea, and other chemicals. Geographically, it derives a majority of revenue from Nigeria. The Company's reportable segment has been identified on a product basis as Fertilizer and the Group is a one segment business.

Notore Chemical Industries Headlines

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