IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Accounts Payable & Accrued Expense : KWD68.57 Mil (As of Mar. 2024)

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What is IFA Hotels & Resorts Co KSCC Accounts Payable & Accrued Expense?

IFA Hotels & Resorts Co KSCC's quarterly accounts payable & accrued expense declined from Sep. 2023 (KWD76.32 Mil) to Dec. 2023 (KWD69.31 Mil) and declined from Dec. 2023 (KWD69.31 Mil) to Mar. 2024 (KWD68.57 Mil).

IFA Hotels & Resorts Co KSCC's annual accounts payable & accrued expense declined from Dec. 2021 (KWD96.30 Mil) to Dec. 2022 (KWD83.36 Mil) and declined from Dec. 2022 (KWD83.36 Mil) to Dec. 2023 (KWD69.31 Mil).

IFA Hotels & Resorts Co KSCC Accounts Payable & Accrued Expense Historical Data

The historical data trend for IFA Hotels & Resorts Co KSCC'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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IFA Hotels & Resorts Co KSCC Accounts Payable & Accrued Expense Chart

IFA Hotels & Resorts Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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101.86

96.30

83.36

69.31

IFA Hotels & Resorts Co KSCC 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															83.17	78.77	76.32	69.31	68.57

IFA Hotels & Resorts Co KSCC 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.

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » IFA Hotels & Resorts Co KSCC (KUW:IFAHR) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Souk Al-Kuwait Building, Block A, P.O. Box 4694, 8th Floor, Al Abdul Razzak Square, Safat, Kuwait City, KWT, 13047

Website

https://www.ifahotelsresorts.com

IFA Hotels & Resorts Co KSCC is engaged in the development and operations of mixed-use hotel and tourism resort projects and luxury leisure services. In addition, it invests in the land; and engages in property development activities. The company operates in four reportable segments namely property development, hoteliering, investments, and others. The majority of the revenue is generated from the property development segment. Its geographical segments include Kuwait, United Arab Emirates & Asia, Africa, and others, of which majority revenue comes from the United Arab Emirates & Asia.

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Headlines

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