Flour Mills Nigeria (NSA:FMNL) Accounts Payable & Accrued Expense : ₦260,643 Mil (As of Mar. 2023)

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What is Flour Mills Nigeria Accounts Payable & Accrued Expense?

Flour Mills Nigeria's quarterly accounts payable & accrued expense increased from Mar. 2021 (₦98,486 Mil) to Mar. 2022 (₦169,276 Mil) and increased from Mar. 2022 (₦169,276 Mil) to Mar. 2023 (₦260,643 Mil).

Flour Mills Nigeria's annual accounts payable & accrued expense increased from Mar. 2021 (₦98,486 Mil) to Mar. 2022 (₦169,276 Mil) and increased from Mar. 2022 (₦169,276 Mil) to Mar. 2023 (₦260,643 Mil).

Flour Mills Nigeria Accounts Payable & Accrued Expense Historical Data

The historical data trend for Flour Mills Nigeria'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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Flour Mills Nigeria Accounts Payable & Accrued Expense Chart

Flour Mills Nigeria Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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76,323.68

79,310.86

98,486.40

169,275.69

260,643.11

Flour Mills Nigeria Semi-Annual Data
	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								76,323.68	79,310.86	98,486.40	169,275.69	260,643.11

Flour Mills Nigeria 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.

Flour Mills Nigeria (NSA:FMNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Flour Mills Nigeria PLC (NSA:FMNL) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Wharf Road, 1, Golden Penny Place, Apapa, Lagos, NGA

Website

https://www.fmnplc.com

Flour Mills Nigeria PLC is an investment holding company. The company's operating segment includes Food; Agro Allied; Sugar and Support Services. It generates maximum revenue from the Food segment which includes milling and sales of flour and production and sales of pasta, snacks, and noodles. Its Agro-Allied segment includes farming of maize, cassava, soya, sugar cane and oil palm and production and sales of fertilizer, edible oils and livestock feeds. The Sugar segment includes the cultivation and processing of sugarcane, refining and selling of sugar and sale of by-products from sugar refining.

Flour Mills Nigeria (NSA:FMNL) Headlines

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