African Rainbow Minerals (JSE:ARI) Accounts Payable & Accrued Expense : R1,975 Mil (As of Dec. 2023)

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What is African Rainbow Minerals Accounts Payable & Accrued Expense?

African Rainbow Minerals's quarterly accounts payable & accrued expense increased from Dec. 2022 (R2,442 Mil) to Jun. 2023 (R2,863 Mil) but then declined from Jun. 2023 (R2,863 Mil) to Dec. 2023 (R1,975 Mil).

African Rainbow Minerals's annual accounts payable & accrued expense increased from Jun. 2021 (R2,095 Mil) to Jun. 2022 (R2,403 Mil) and increased from Jun. 2022 (R2,403 Mil) to Jun. 2023 (R2,863 Mil).

African Rainbow Minerals Accounts Payable & Accrued Expense Historical Data

The historical data trend for African Rainbow Minerals'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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African Rainbow Minerals Accounts Payable & Accrued Expense Chart

African Rainbow Minerals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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1,718.00

1,740.00

2,095.00

2,403.00

2,863.00

African Rainbow Minerals Semi-Annual Data
	Jun14	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															2,666.00	2,403.00	2,442.00	2,863.00	1,975.00

African Rainbow Minerals 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.

African Rainbow Minerals (JSE:ARI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » African Rainbow Minerals Ltd (JSE:ARI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AFBOF:USA EB9:Germany

Address

29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196

Website

https://www.arm.co.za

African Rainbow Minerals Ltd is a South African diversified mining and minerals company. The group has various operating divisions: platinum, ferrous, coal, copper, and corporate. In addition, African Rainbow Minerals has an investment in gold through its shareholding in Harmony. Ferrous is the group's largest division, contributing roughly half of group revenue, closely trailed by the platinum division. The platinum division includes the Two Rivers Platinum Mine as a 51% subsidiary and an interest in the Modikwa Platinum Mine. The ferrous division comprises Assmang as a 50% joint venture, which includes iron ore, manganese, and chrome operations.