The Initiates (NSA:TIP) Accounts Payable & Accrued Expense: ₦4,074 Mil (As of Jun. 2026)

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What is The Initiates Accounts Payable & Accrued Expense?

The Initiates NSA:TIP +6.24% Accounts Payable & Accrued Expense is ₦4,074 Mil as of Jun. 2026. The stock has 2 warning signs investors should review.

The Initiates's quarterly accounts payable & accrued expense increased from Dec. 2025 (₦4,647 Mil) to Mar. 2026 (₦5,309 Mil) but then declined from Mar. 2026 (₦5,309 Mil) to Jun. 2026 (₦4,074 Mil).

The Initiates's annual accounts payable & accrued expense increased from Dec. 2023 (₦312 Mil) to Dec. 2024 (₦1,446 Mil) and increased from Dec. 2024 (₦1,446 Mil) to Dec. 2025 (₦4,647 Mil).

The Initiates Accounts Payable & Accrued Expense Historical Data

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The historical data trend for The Initiates'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.

The Initiates Accounts Payable & Accrued Expense Chart

The Initiates Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.70 425.20 311.69 1,446.12 4,647.19

The Initiates Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,972.43 2,138.78 4,647.19 5,309.48 4,074.27

The Initiates 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.

What does a Accounts Payable & Accrued Expense of ₦4,074 Mil mean?
The Initiates (NSA:TIP) has a Accounts Payable & Accrued Expense of ₦4,074 Mil as of Jun. 2026. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on The Initiates and its competitors.
Is The Initiates' Accounts Payable & Accrued Expense too high?
The Initiates' current Accounts Payable & Accrued Expense is ₦4,074 Mil.
How does The Initiates' Accounts Payable & Accrued Expense compare to CWSS and ECMT?
The Initiates' Accounts Payable & Accrued Expense of ₦4,074 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable & Accrued Expense for a Waste Management company?
A good Accounts Payable & Accrued Expense depends on the Waste Management industry context. However, Accounts Payable & Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable & Accrued Expense mean?
A high Accounts Payable & Accrued Expense can signal that a stock is expensive relative to its fundamentals. Accounts payable and accrued expenses are amounts a company expects to pay to suppliers and others. View historical data on The Initiates and its competitors. The Initiates's current Accounts Payable & Accrued Expense is ₦4,074 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Initiates stock overvalued right now?
The Initiates (NSA:TIP) has a current Accounts Payable & Accrued Expense of ₦4,074 Mil. The current Accounts Payable & Accrued Expense is ₦4,074 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable & Accrued Expense calculated?
Accounts Payable & Accrued Expense is calculated from a company's financial statements. For The Initiates (NSA:TIP), the current Accounts Payable & Accrued Expense is ₦4,074 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

The Initiates Business Description

Address Plot 400, Location Road, Off Aba/PH Expressway, P.O. BOX 7242, Umuebule 5, Port Harcourt, Rivers State, NGA
The Initiates PLC is a professional waste management company. The company is engaged in delivering Waste Management, Industrial Cleaning and Decontamination services to both Private and Public sectors. It has a multi-disciplinary and flexible workforce and all relevant permits necessary for delivering waste management and industrial cleaning services.