Rani Zim Shopping Centers (XTAE:RANI) Accounts Payable & Accrued Expense : ₪168.7 Mil (As of Mar. 2024)

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What is Rani Zim Shopping Centers Accounts Payable & Accrued Expense?

Rani Zim Shopping Centers's quarterly accounts payable & accrued expense declined from Sep. 2023 (₪91.2 Mil) to Dec. 2023 (₪47.8 Mil) but then increased from Dec. 2023 (₪47.8 Mil) to Mar. 2024 (₪168.7 Mil).

Rani Zim Shopping Centers's annual accounts payable & accrued expense increased from Dec. 2021 (₪34.0 Mil) to Dec. 2022 (₪58.1 Mil) but then declined from Dec. 2022 (₪58.1 Mil) to Dec. 2023 (₪47.8 Mil).

Rani Zim Shopping Centers Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rani Zim Shopping Centers'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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Rani Zim Shopping Centers Accounts Payable & Accrued Expense Chart

Rani Zim Shopping Centers Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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14.71

39.92

33.99

58.06

47.84

Rani Zim Shopping Centers 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															82.21	90.22	91.22	47.84	168.71

Rani Zim Shopping Centers 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.

Rani Zim Shopping Centers (XTAE:RANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Rani Zim Shopping Centers Ltd (XTAE:RANI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Odem Holdings 11, Zim Centers, Rani Zim Group, Kiryat Matalon, Petah Tikva, ISR

Website

http://www.zimcenters.co.il

Rani Zim Shopping Centers Ltd is engaged in the development, construction and management of shopping centers. It operates in the commercial real estate sector through Zim Center and in the retail sector through Office Depot. Its properties include shopping centers in Arad, Netivot, Beit She'an, Ma'alot.