Fan Milk (XGHA:FML) Accounts Payable & Accrued Expense : GHS262.6 Mil (As of Dec. 2022)

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What is Fan Milk Accounts Payable & Accrued Expense?

Fan Milk's quarterly accounts payable & accrued expense increased from Jun. 2022 (GHS243.9 Mil) to Sep. 2022 (GHS294.9 Mil) but then declined from Sep. 2022 (GHS294.9 Mil) to Dec. 2022 (GHS262.6 Mil).

Fan Milk's annual accounts payable & accrued expense increased from Dec. 2019 (GHS84.9 Mil) to Dec. 2021 (GHS252.5 Mil) and increased from Dec. 2021 (GHS252.5 Mil) to Dec. 2022 (GHS262.6 Mil).

Fan Milk Accounts Payable & Accrued Expense Historical Data

The historical data trend for Fan Milk'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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Fan Milk Accounts Payable & Accrued Expense Chart

Fan Milk Annual Data

Trend

Dec12

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Dec22

Accounts Payable & Accrued Expense

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59.87

58.90

84.91

252.54

262.55

Fan Milk Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Dec16	Mar17	Dec17	Sep18	Dec18	Sep19	Dec19	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															252.54	269.31	243.92	294.93	262.55

Fan Milk 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.

Fan Milk (XGHA:FML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fan Milk PLC (XGHA:FML) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Commercial Centre, 2nd Floor, Grand Oyeman Building, Accra, GHA

Website

https://www.fanmilk.com

Fan Milk PLC engages in the manufacturing and distribution of dairy products and fruit drinks. The company's milk-based products consist of frozen ice creams, chocolate, and yoghurt that includes FanYogo (yoghurt), FanChoco (chocolate), and FanIce (ice cream). Its fruit-based products include FanDango (fruit drink) and FanPop. It distributes its products through independent distributors and agents. The majority of the revenue is derived from the manufacturing and distribution of dairy products and fruit drinks.

Fan Milk (XGHA:FML) Headlines

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