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African Distillers (XZIM:AFDS.ZW) Tax Expense : ZWG2.13 Mil (TTM As of Mar. 2024)


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What is African Distillers Tax Expense?

African Distillers's tax expense for the six months ended in Mar. 2024 was ZWG2.13 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2024 was ZWG2.13 Mil.


African Distillers Tax Expense Historical Data

The historical data trend for African Distillers's Tax 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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African Distillers Tax Expense Chart

African Distillers Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Mar23 Mar24
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 1.07 1.97 2.14 2.13

African Distillers Semi-Annual Data
Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Mar23 Mar24
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 1.07 1.97 2.14 2.13

African Distillers Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Tax Expense for the trailing twelve months (TTM) ended in Mar. 2024 was ZWG2.13 Mil.

* 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.


African Distillers  (XZIM:AFDS.ZW) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


African Distillers Tax Expense Related Terms

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African Distillers Business Description

Traded in Other Exchanges
N/A
Address
St Marnock's, Stapleford, Harare, ZWE
African Distillers Ltd is engaged in the manufacturing, distribution, and marketing of branded spirits, ciders, and wines for the Zimbabwean market and for export. The company has six depots in Bulawayo, Harare, Kwekwe, Masvingo, Mutare and Victoria Falls. Brown spirits sales generate maximum revenue for the company. The product portfolio includes brown spirits, ciders, white spirits, still wines, liqueur, spirit coolers, fortified wines, sparkling wines, and sparkling juice.

African Distillers Headlines

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