Safaricom (NAI:SCOM) Accounts Payable & Accrued Expense : KES101,762 Mil (As of Mar. 2024)

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What is Safaricom Accounts Payable & Accrued Expense?

Safaricom's quarterly accounts payable & accrued expense increased from Mar. 2023 (KES76,880 Mil) to Sep. 2023 (KES78,950 Mil) and increased from Sep. 2023 (KES78,950 Mil) to Mar. 2024 (KES101,762 Mil).

Safaricom's annual accounts payable & accrued expense increased from Mar. 2022 (KES58,658 Mil) to Mar. 2023 (KES76,880 Mil) and increased from Mar. 2023 (KES76,880 Mil) to Mar. 2024 (KES101,762 Mil).

Safaricom Accounts Payable & Accrued Expense Historical Data

The historical data trend for Safaricom'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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Safaricom Accounts Payable & Accrued Expense Chart

Safaricom Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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14,504.60

42,965.80

58,657.70

76,880.00

101,761.80

Safaricom Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															58,657.70	54,104.20	76,880.00	78,949.70	101,761.80

Safaricom 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.

Safaricom (NAI:SCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Safaricom PLC (NAI:SCOM) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Safaricom House, Waiyaki Way, P.O. Box 66827, Westlands, Nairobi, KEN, 00800

Website

https://www.safaricom.co.ke

Safaricom PLC is a Kenya-based telecommunications company. The principal activities of the company are the provision of telecommunication services, providing a comprehensive range of integrated telecommunication services including voice and data both mobile and fixed, SMS, the internet, and m-pesa. The company also offers a wide range of devices such as Mobile handsets, mobile broadband modems, routers, tablets, and notebooks. The majority of its revenue comes from service revenues: Voice, m-pesa, mobile data, messaging, fixed data and other service revenue. The company serves both individual and corporate/enterprise customers.