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Axia (XZIM:AXIA.ZW) Accounts Payable & Accrued Expense : ZWL0.00 Mil (As of . 20)


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What is Axia Accounts Payable & Accrued Expense?


Axia Accounts Payable & Accrued Expense Historical Data

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

Axia Annual Data
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Accounts Payable & Accrued Expense

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Accounts Payable & Accrued Expense

Axia 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.


Axia (XZIM:AXIA.ZW) Business Description

Traded in Other Exchanges
N/A
Address
Corner 1st Street & Nelson Mandela Avenue, Andrew Lorimer, Edward Building, Harare, ZWE
Axia Corp Ltd operates within the retail and distribution sector with businesses across retail of household goods and appliances, retail of automotive goods and distribution of fast moving consumer goods. It has three operating business units, namely TV Sales and Home (TVSH) which is leading furniture and electronic appliance retailer, Transerv retails automotive spares and Distribution Group Africa (DGA) is a distribution and logistics concern, with operation in Zimbabwe, Zambia, and Malawi. The company generates the majority of its revenue from Zimbabwe operation through the sale of goods in Logistic and Distribution segment.

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