Sail Mining Group (JSE:SGP) Accounts Payable: R474 Mil (As of Aug. 2021)

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What is Sail Mining Group Accounts Payable?

Sail Mining Group JSE:SGP Accounts Payable is R474 Mil as of Aug. 2021.

Sail Mining Group's Accounts Payable for the quarter that ended in Aug. 2021 was R474 Mil.

Sail Mining Group's quarterly Accounts Payable declined from Aug. 2020 (R658 Mil) to Feb. 2021 (R456 Mil) but then increased from Feb. 2021 (R456 Mil) to Aug. 2021 (R474 Mil).

Sail Mining Group's annual Accounts Payable increased from Feb. 2019 (R375 Mil) to Feb. 2020 (R592 Mil) but then declined from Feb. 2020 (R592 Mil) to Feb. 2021 (R456 Mil).

Sail Mining Group Accounts Payable Related Terms

Sail Mining Group Accounts Payable Historical Data

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The historical data trend for Sail Mining Group's Accounts Payable 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.

Sail Mining Group Accounts Payable Chart

Sail Mining Group Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 232.56 375.23 591.61 455.87

Sail Mining Group Semi-Annual Data
Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
Accounts Payable 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 316.77 591.61 658.32 455.87 474.23

Sail Mining Group Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of R474 Mil mean?
Sail Mining Group (JSE:SGP) has a Accounts Payable of R474 Mil as of Aug. 2021. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Sail Mining Group and its competitors.
Is Sail Mining Group's Accounts Payable too high?
Sail Mining Group's current Accounts Payable is R474 Mil.
How does Sail Mining Group's Accounts Payable compare to BHPBF?
Sail Mining Group's Accounts Payable of R474 Mil can be compared against companies in the Metals & Mining 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 for a Metals & Mining company?
A good Accounts Payable depends on the Metals & Mining industry context. However, Accounts Payable 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 mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Sail Mining Group and its competitors. Sail Mining Group's current Accounts Payable is R474 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sail Mining Group stock overvalued right now?
Sail Mining Group (JSE:SGP) has a current Accounts Payable of R474 Mil. The current Accounts Payable is R474 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Sail Mining Group (JSE:SGP), the current Accounts Payable is R474 Mil as of Aug. 2021. 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.

Sail Mining Group Business Description

Address 4 Peltier Drive, Unit 25 Sunninghill Office Park, Johannesburg, GT, ZAF, 2054
Sail Mining Group Ltd Formerly Chrometco Ltd is a mineral exploration company. It has chrome and mining operations in the North-West Province of South Africa. In addition, Chrometco focuses on the investigation of other chrome and base metal properties for exploration purposes and on researching and investigating business development opportunities. The group holds interest in mining, concentrating and beneficiating various metals and their ores, in particular chrome, platinum, copper, cobalt, nickel and manganese.