Adcock Ingram Holdings (JSE:AIP) Accounts Payable & Accrued Expense : R2,119 Mil (As of Dec. 2023)

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What is Adcock Ingram Holdings Accounts Payable & Accrued Expense?

Adcock Ingram Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (R1,944 Mil) to Jun. 2023 (R1,448 Mil) but then increased from Jun. 2023 (R1,448 Mil) to Dec. 2023 (R2,119 Mil).

Adcock Ingram Holdings's annual accounts payable & accrued expense increased from Jun. 2021 (R1,066 Mil) to Jun. 2022 (R1,223 Mil) and increased from Jun. 2022 (R1,223 Mil) to Jun. 2023 (R1,448 Mil).

Adcock Ingram Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Adcock Ingram Holdings'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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Adcock Ingram Holdings Accounts Payable & Accrued Expense Chart

Adcock Ingram Holdings Annual Data

Trend

Sep13

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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1,011.75

2,014.41

1,065.66

1,223.05

1,447.67

Adcock Ingram Holdings Semi-Annual Data
	Mar14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,994.07	1,223.05	1,944.45	1,447.67	2,119.26

Adcock Ingram Holdings 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.

Adcock Ingram Holdings (JSE:AIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Adcock Ingram Holdings Ltd (JSE:AIP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

1 New Road, (c/o New Road & 7th Street), Midrand, Johannesburg, GT, ZAF, 1682

Website

https://www.adcock.com

Adcock Ingram Holdings Ltd is a drug manufacturing company. The company manufactures, markets, and distributes a wide range of healthcare products. The company generates roughly two-thirds of its sales from the private sector, with the remaining from the public sector. Adcock operates in four broad areas: renal disease, medicine delivery, transfusion therapies, and blood and specialized pharmaceuticals. The company generates the vast majority of its revenue in southern Africa, followed by the rest of Africa and India.