Kuwait Investment CoK (KUW:KINV) Accounts Payable & Accrued Expense : KWD22.70 Mil (As of Mar. 2024)

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What is Kuwait Investment CoK Accounts Payable & Accrued Expense?

Kuwait Investment CoK's quarterly accounts payable & accrued expense increased from Sep. 2023 (KWD8.85 Mil) to Dec. 2023 (KWD11.82 Mil) and increased from Dec. 2023 (KWD11.82 Mil) to Mar. 2024 (KWD22.70 Mil).

Kuwait Investment CoK's annual accounts payable & accrued expense declined from Dec. 2021 (KWD11.20 Mil) to Dec. 2022 (KWD10.15 Mil) but then increased from Dec. 2022 (KWD10.15 Mil) to Dec. 2023 (KWD11.82 Mil).

Kuwait Investment CoK Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kuwait Investment CoK'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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Kuwait Investment CoK Accounts Payable & Accrued Expense Chart

Kuwait Investment CoK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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15.87

10.27

11.20

10.15

11.82

Kuwait Investment CoK 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															13.52	9.76	8.85	11.82	22.70

Kuwait Investment CoK 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.

Kuwait Investment CoK (KUW:KINV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kuwait Investment Co SAK (KUW:KINV) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Mubarak Al Kabeer Street, P.O. Box 1005, Souk Al Manakh Building, 5th Floor, Sharq, Safat, Kuwait, KWT, 13011

Website

https://www.kic.com.kw

Kuwait Investment Co SAK is an investment company. The company has four operating segments which include Asset Management; Direct Investments and Corporate Finance (DICF); Treasury and Other operations. It generates the majority of revenue from the DICF and Other operation segments. The DICF segment consists of managing subsidiaries, associates, long-term strategic investments, lending, real estate, and rental activities. Geographically, it derives a majority of its revenue from Kuwait.

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