Argent Industrial (JSE:ART) Accounts Payable : R405 Mil (As of Sep. 2023)

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What is Argent Industrial Accounts Payable?

Argent Industrial's Accounts Payable for the quarter that ended in Sep. 2023 was R405 Mil.

Argent Industrial's quarterly Accounts Payable declined from Sep. 2022 (R305 Mil) to Mar. 2023 (R203 Mil) but then increased from Mar. 2023 (R203 Mil) to Sep. 2023 (R405 Mil).

Argent Industrial's annual Accounts Payable increased from Mar. 2021 (R175 Mil) to Mar. 2022 (R266 Mil) but then declined from Mar. 2022 (R266 Mil) to Mar. 2023 (R203 Mil).

Argent Industrial Accounts Payable Historical Data

The historical data trend for Argent Industrial's Accounts Payable 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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Argent Industrial Accounts Payable Chart

Argent Industrial Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable

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115.67

118.53

174.70

265.88

203.18

Argent Industrial Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable	Get a 7-Day Free Trial															292.69	265.88	305.41	203.18	404.66

Argent Industrial Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Argent Industrial Accounts Payable Related Terms

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Argent Industrial (JSE:ART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Argent Industrial Ltd (JSE:ART) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

First Floor, Ridge 63, 8 Sinembe Crescent, Sinembe Park, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019

Website

https://www.argent.co.za

Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up of ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.

Argent Industrial (JSE:ART) Headlines

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