Menif Financial Services (XTAE:MNIF) Accounts Payable & Accrued Expense : ₪31.2 Mil (As of Mar. 2024)

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What is Menif Financial Services Accounts Payable & Accrued Expense?

Menif Financial Services's quarterly accounts payable & accrued expense declined from Sep. 2023 (₪40.9 Mil) to Dec. 2023 (₪38.5 Mil) and declined from Dec. 2023 (₪38.5 Mil) to Mar. 2024 (₪31.2 Mil).

Menif Financial Services's annual accounts payable & accrued expense declined from Dec. 2021 (₪26.2 Mil) to Dec. 2022 (₪24.4 Mil) but then increased from Dec. 2022 (₪24.4 Mil) to Dec. 2023 (₪38.5 Mil).

Menif Financial Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for Menif Financial Services'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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Menif Financial Services Accounts Payable & Accrued Expense Chart

Menif Financial Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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30.07

15.09

26.19

24.41

38.48

Menif Financial Services 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															17.10	28.67	40.88	38.48	31.21

Menif Financial Services 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.

Menif Financial Services (XTAE:MNIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Menif Financial Services Ltd (XTAE:MNIF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Jabotinsky 35, Ramat Gan, ISR, 52511

Website

https://www.menif.co.il

Menif Financial Services Ltd is engaged in providing mezzanine financing for equity to promoters and contractors in the construction industry. It offers financing for reinforcement and construction projects, small construction evacuation projects, and large-scale construction evacuation projects.

Menif Financial Services (XTAE:MNIF) Headlines

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