Nu-World Holdings (JSE:NWL) Accounts Payable & Accrued Expense : R130 Mil (As of Feb. 2024)

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What is Nu-World Holdings Accounts Payable & Accrued Expense?

Nu-World Holdings's quarterly accounts payable & accrued expense increased from Feb. 2023 (R34 Mil) to Aug. 2023 (R122 Mil) and increased from Aug. 2023 (R122 Mil) to Feb. 2024 (R130 Mil).

Nu-World Holdings's annual accounts payable & accrued expense declined from Aug. 2021 (R168 Mil) to Aug. 2022 (R80 Mil) but then increased from Aug. 2022 (R80 Mil) to Aug. 2023 (R122 Mil).

Nu-World Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nu-World 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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Nu-World Holdings Accounts Payable & Accrued Expense Chart

Nu-World Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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221.42

149.85

167.82

80.49

121.64

Nu-World Holdings Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															94.20	80.49	34.42	121.64	130.28

Nu-World 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.

Nu-World Holdings (JSE:NWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nu-World Holdings Ltd (JSE:NWL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 - 3rd Street, Wynberg, Sandton, Johannesburg, GT, ZAF, 2199

Website

https://www.nuworld.co.za

Nu-World Holdings Ltd, along with its subsidiaries is engaged in importing, manufacturing, assembling, marketing, and distributing branded consumer goods including consumer electronics, high-technology, small electrical appliances, white goods, liquor, and furniture. It also manufactures kitchenware and Telefunken. The company operates its business in geographic segments that include South Africa, Hong Kong, Australia, and the United Arab Emirates. The South African segment generates maximum revenue for the company.