National Cleaning Co (KUW:CLEANING) Accounts Payable & Accrued Expense : KWD18.93 Mil (As of Mar. 2024)

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What is National Cleaning Co Accounts Payable & Accrued Expense?

National Cleaning Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (KWD18.05 Mil) to Dec. 2023 (KWD18.99 Mil) but then declined from Dec. 2023 (KWD18.99 Mil) to Mar. 2024 (KWD18.93 Mil).

National Cleaning Co's annual accounts payable & accrued expense increased from Dec. 2021 (KWD7.84 Mil) to Dec. 2022 (KWD16.65 Mil) and increased from Dec. 2022 (KWD16.65 Mil) to Dec. 2023 (KWD18.99 Mil).

National Cleaning Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for National Cleaning Co'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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National Cleaning Co Accounts Payable & Accrued Expense Chart

National Cleaning Co Annual Data

Trend

Dec11

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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13.21

7.13

7.84

16.65

18.99

National Cleaning Co 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															15.66	17.39	18.05	18.99	18.93

National Cleaning Co 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.

National Cleaning Co (KUW:CLEANING) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » National Cleaning Co (KUW:CLEANING) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near National Oil Company, P.O Box 25702, North Sabhan, Safat, Kuwait City, KWT, 13118

Website

http://www.ncc-kw.com

National Cleaning Co is a Kuwait based company. It has three segments. The Cleaning segment, which is the key revenue driver, includes external cleaning contracts, environment cleaning contracts, and supply and sale of cleaning materials and the materials necessary to remedy environmental pollution. The Agriculture and animal production segment includes contracts for the construction, landscaping, beautifying, and cleaning of parks and related agricultural works and trading in agricultural equipment and anima production. The Financial investment segment includes investing in money market instruments and investment in the management of quoted and unquoted equity in the organized financial market. Geographically, it has a presence in Kuwait, Qatar, Turkey, and India.

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