Faisal Islamic Bank of Egypt (CAI:FAIT) Accounts Payable & Accrued Expense : E£1,293 Mil (As of Dec. 2023)

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What is Faisal Islamic Bank of Egypt Accounts Payable & Accrued Expense?

Faisal Islamic Bank of Egypt's quarterly accounts payable & accrued expense stayed the same from Jun. 2023 (E£0 Mil) to Sep. 2023 (E£0 Mil) but then increased from Sep. 2023 (E£0 Mil) to Dec. 2023 (E£1,293 Mil).

Faisal Islamic Bank of Egypt's annual accounts payable & accrued expense increased from Dec. 2021 (E£918 Mil) to Dec. 2022 (E£1,210 Mil) and increased from Dec. 2022 (E£1,210 Mil) to Dec. 2023 (E£1,293 Mil).

Faisal Islamic Bank of Egypt Accounts Payable & Accrued Expense Historical Data

The historical data trend for Faisal Islamic Bank of Egypt'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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Faisal Islamic Bank of Egypt Accounts Payable & Accrued Expense Chart

Faisal Islamic Bank of Egypt Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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752.02

927.69

917.58

1,209.50

1,292.73

Faisal Islamic Bank of Egypt Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,209.50	1,189.50	-	-	1,292.73

Faisal Islamic Bank of Egypt 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.

Faisal Islamic Bank of Egypt (CAI:FAIT) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Faisal Islamic Bank of Egypt (CAI:FAIT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

FAITA:Egypt

Address

3, 26 July Street, P.O. Box: 2446, Cairo, EGY, 11511

Website

https://www.faisalbank.com.eg

Faisal Islamic Bank of Egypt is an Egyptian Islamic and commercial bank. It provides general banking services like deposits, loans, letters of credit and guarantee, securities services, saving pools, and finance and investment.

Faisal Islamic Bank of Egypt (CAI:FAIT) Headlines

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