Nigerian Breweries (NSA:NB) Accounts Payable: ₦398,748 Mil (As of Mar. 2026)


NSA:NB Nigerian Breweries PLC NSA:NB
56 GF Score
Price ₦72.50
GF Value ₦30.77
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Nigerian Breweries Accounts Payable?

Nigerian Breweries NSA:NB 56 Accounts Payable is ₦398,748 Mil as of Mar. 2026. GuruFocus rates NSA:NB with a GF Score™ of 56/100 and a GF Value™ of ₦30.77 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Nigerian Breweries's Accounts Payable for the quarter that ended in Mar. 2026 was ₦398,748 Mil.

Nigerian Breweries's quarterly Accounts Payable declined from Sep. 2025 (₦362,691 Mil) to Dec. 2025 (₦125,448 Mil) but then increased from Dec. 2025 (₦125,448 Mil) to Mar. 2026 (₦398,748 Mil).

Nigerian Breweries's annual Accounts Payable increased from Dec. 2023 (₦77,841 Mil) to Dec. 2024 (₦120,017 Mil) and increased from Dec. 2024 (₦120,017 Mil) to Dec. 2025 (₦125,448 Mil).

Nigerian Breweries Accounts Payable Related Terms

Nigerian Breweries Accounts Payable Historical Data

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The historical data trend for Nigerian Breweries'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.

Nigerian Breweries Accounts Payable Chart

Nigerian Breweries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107,325.08 67,573.40 77,841.33 120,016.79 125,447.68

Nigerian Breweries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 365,904.09 338,416.49 362,691.04 125,447.68 398,748.28
NSA:NB
56GF Score
Nigerian Breweries PLC NSA:NB
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nigerian Breweries 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 ₦398,748 Mil mean?
Nigerian Breweries (NSA:NB) has a Accounts Payable of ₦398,748 Mil as of Mar. 2026. 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 Nigerian Breweries and its competitors.
Is Nigerian Breweries' Accounts Payable too high?
Nigerian Breweries' current Accounts Payable is ₦398,748 Mil. Overall, Nigerian Breweries has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nigerian Breweries' Accounts Payable compare to BUD and STZ?
Nigerian Breweries' Accounts Payable of ₦398,748 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Accounts Payable depends on the Beverages - Alcoholic 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 Nigerian Breweries and its competitors. Nigerian Breweries's current Accounts Payable is ₦398,748 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nigerian Breweries stock overvalued right now?
Based on GuruFocus' analysis, Nigerian Breweries (NSA:NB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦30.77, compared to a current price of ₦72.50 — trading 135.6% above its estimated fair value. The current Accounts Payable is ₦398,748 Mil. Nigerian Breweries' overall GF Score™ is 56/100 with 2 warning signs to review. 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 Nigerian Breweries (NSA:NB), the current Accounts Payable is ₦398,748 Mil as of Mar. 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.

Is Nigerian Breweries (NSA:NB) Overvalued in 2026?

Based on GuruFocus' analysis, Nigerian Breweries stock appears to be overvalued. The current stock price of ₦72.50 is trading 135.6% above its estimated GF Value™ of ₦30.77. GuruFocus considers Nigerian Breweries to be Significantly Overvalued.

Key valuation signals for NSA:NB:

  • Accounts Payable: ₦398,748 Mil
  • GF Value™: ₦30.77 vs. price of ₦72.50 (135.6% above fair value)
  • GF Score™: 56/100 with 2 warning signs

No single metric tells the full story. See the NSA:NB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nigerian Breweries Business Description

Address 1, Abebe Village Road, P. O. Box 545, Iganmu House, Iganmu, Lagos, NGA, 101241
Nigerian Breweries PLC is a Brewing firm. The company's principal activities are brewing, marketing, and selling lager, stout, non-alcoholic malt, and soft drinks. Geographically, it derives a majority of its revenue from Nigeria and also has a presence in the United Kingdom, the Netherlands, the United States of America, Canada, some parts of Africa, and parts of the Middle East and Asia. The company's brands include Star, Goldberg, Turbo King, Ace Bitters, Gulder, Maltina, Legend Extra Stout, Amstel Malta, Heineken, Maltina Sip-it, Fayrouz, Goldberg, Malta Gold, and others.
56GF Score

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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦72.50
Price
₦30.77
GF Value