Dubai Investments PJSC (DFM:DIC) Accounts Payable & Accrued Expense : د.إ2,115 Mil (As of Mar. 2024)

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What is Dubai Investments PJSC Accounts Payable & Accrued Expense?

Dubai Investments PJSC's quarterly accounts payable & accrued expense declined from Sep. 2023 (د.إ1,998 Mil) to Dec. 2023 (د.إ1,534 Mil) but then increased from Dec. 2023 (د.إ1,534 Mil) to Mar. 2024 (د.إ2,115 Mil).

Dubai Investments PJSC's annual accounts payable & accrued expense declined from Dec. 2021 (د.إ1,498 Mil) to Dec. 2022 (د.إ1,374 Mil) but then increased from Dec. 2022 (د.إ1,374 Mil) to Dec. 2023 (د.إ1,534 Mil).

Dubai Investments PJSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Dubai Investments PJSC'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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Dubai Investments PJSC Accounts Payable & Accrued Expense Chart

Dubai Investments PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,674.55

1,616.56

1,498.49

1,373.84

1,533.68

Dubai Investments PJSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,822.56	1,967.07	1,997.50	1,533.68	2,115.05

Dubai Investments PJSC 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.

Dubai Investments PJSC (DFM:DIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Dubai Investments PJSC (DFM:DIC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dubai Investments Park, P.O. Box 28171, Jebel Ali, Dubai, ARE

Website

http://www.dubaiinvestments.com

Dubai Investments PJSC is an investment company with a focus in real estate, manufacturing, industrial, and financial investments across the Middle East. The operations are divided into three segments: The property segment develops real estate for sale and leasing. The manufacturing, contracting, and Services segment manufactures and sells materials used in construction projects, executing construction contracts, production of raw and architectural glass, pharmaceutical products, cooling services, production, aluminium extruded products, laboratory furniture, healthcare, and education. The investments segment includes strategic minority investments in associates, investment banking, asset management and financial investments.

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