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Al Khaleej Investment PJSC (ADX:KICO) Accounts Payable & Accrued Expense : د.إ22.09 Mil (As of Mar. 2022)


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What is Al Khaleej Investment PJSC Accounts Payable & Accrued Expense?

Al Khaleej Investment PJSC's quarterly accounts payable & accrued expense declined from Sep. 2021 (د.إ28.32 Mil) to Dec. 2021 (د.إ19.24 Mil) but then increased from Dec. 2021 (د.إ19.24 Mil) to Mar. 2022 (د.إ22.09 Mil).

Al Khaleej Investment PJSC's annual accounts payable & accrued expense declined from Dec. 2020 (د.إ68.70 Mil) to Dec. 2021 (د.إ19.24 Mil) and declined from Dec. 2021 (د.إ19.24 Mil) to Dec. 2022 (د.إ17.97 Mil).


Al Khaleej Investment PJSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Al Khaleej Investment PJSC'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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Al Khaleej Investment PJSC Accounts Payable & Accrued Expense Chart

Al Khaleej Investment PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.53 69.26 68.70 19.24 17.97

Al Khaleej Investment PJSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Dec22
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.67 28.32 19.24 22.09 17.97

Al Khaleej Investment PJSC 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.


Al Khaleej Investment PJSC (ADX:KICO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
P.O. Box 5662, AI Khaleej Building, Ras Al Khaimah, ARE
Al Khaleej Investment PJSC is a company whose principal activities are real estate and commercial enterprise investments, building maintenance, and service management over real estate. The company operates in two reportable segments Real Estate, and Investments. The majority of the revenue is generated from the real estate segment in the form of rents received.

Al Khaleej Investment PJSC (ADX:KICO) Headlines

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