Alony-Hetz Properties & Investments (XTAE:ALHE) Accounts Payable & Accrued Expense : ₪965 Mil (As of Dec. 2023)

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What is Alony-Hetz Properties & Investments Accounts Payable & Accrued Expense?

Alony-Hetz Properties & Investments's quarterly accounts payable & accrued expense increased from Jun. 2023 (₪1,206 Mil) to Sep. 2023 (₪1,300 Mil) but then declined from Sep. 2023 (₪1,300 Mil) to Dec. 2023 (₪965 Mil).

Alony-Hetz Properties & Investments's annual accounts payable & accrued expense increased from Dec. 2020 (₪576 Mil) to Dec. 2021 (₪904 Mil) but then declined from Dec. 2021 (₪904 Mil) to Dec. 2022 (₪482 Mil).

Alony-Hetz Properties & Investments Accounts Payable & Accrued Expense Historical Data

The historical data trend for Alony-Hetz Properties & Investments'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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Alony-Hetz Properties & Investments Accounts Payable & Accrued Expense Chart

Alony-Hetz Properties & Investments Annual Data

Trend

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Dec22

Accounts Payable & Accrued Expense

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338.18

614.98

576.04

903.52

481.65

Alony-Hetz Properties & Investments 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															481.65	1,120.10	1,205.83	1,299.65	964.57

Alony-Hetz Properties & Investments 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.

Alony-Hetz Properties & Investments (XTAE:ALHE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alony-Hetz Properties & Investments Ltd (XTAE:ALHE) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

2 Jabotinsky Street, Amot Atrium Tower, Ramat Gan, ISR, 5250501

Website

https://www.alony-hetz.com

Alony-Hetz Properties & Investments Ltd is a real estate company that owns and operates commercial properties in Israel and overseas. Its strategy is to manage a large and diversified property portfolio in developing areas and mature markets. The company also purchases and develops real estate to support its rental operations. The type of real estate it manages includes office buildings, commercial centers, supermarkets, central business stations, and industrial parks. The company's largest property investments are based in Israel, followed by the United States, Switzerland, the United Kingdom, and other regions. It also develops and maintains renewable energy installations in Israel and Poland.

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