Adgar Investments & Development (XTAE:ADGR) Accounts Payable & Accrued Expense : ₪71.1 Mil (As of Dec. 2023)

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What is Adgar Investments & Development Accounts Payable & Accrued Expense?

Adgar Investments & Development's quarterly accounts payable & accrued expense declined from Jun. 2023 (₪126.1 Mil) to Sep. 2023 (₪115.2 Mil) and declined from Sep. 2023 (₪115.2 Mil) to Dec. 2023 (₪71.1 Mil).

Adgar Investments & Development's annual accounts payable & accrued expense increased from Dec. 2021 (₪55.4 Mil) to Dec. 2022 (₪62.0 Mil) and increased from Dec. 2022 (₪62.0 Mil) to Dec. 2023 (₪71.1 Mil).

Adgar Investments & Development Accounts Payable & Accrued Expense Historical Data

The historical data trend for Adgar Investments & Development'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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Adgar Investments & Development Accounts Payable & Accrued Expense Chart

Adgar Investments & Development Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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58.84

49.49

55.36

61.98

71.14

Adgar Investments & Development 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															61.98	134.04	126.08	115.16	71.14

Adgar Investments & Development 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.

Adgar Investments & Development (XTAE:ADGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Adgar Investments & Development Ltd (XTAE:ADGR) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

35 Efal Street, Petach Tikva, ISR, 49511

Website

http://www.adgar.com

Adgar Investments & Development Ltd is a real estate company. It operates in the income-producing real estate market. The company holds investment properties, mainly for use as office premises in Israel and abroad. It also develops and manages construction projects. The company operates in Israel, Canada, Poland, and Belgium.

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