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Invictus Investment Co (ADX:INVICTUS) Accounts Payable & Accrued Expense : د.إ565 Mil (As of Dec. 2024)


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What is Invictus Investment Co Accounts Payable & Accrued Expense?

Invictus Investment Co's quarterly accounts payable & accrued expense increased from Dec. 2023 (د.إ416 Mil) to Jun. 2024 (د.إ459 Mil) and increased from Jun. 2024 (د.إ459 Mil) to Dec. 2024 (د.إ565 Mil).

Invictus Investment Co's annual accounts payable & accrued expense declined from Dec. 2022 (د.إ842 Mil) to Dec. 2023 (د.إ416 Mil) but then increased from Dec. 2023 (د.إ416 Mil) to Dec. 2024 (د.إ565 Mil).

Invictus Investment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Invictus Investment Co'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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Invictus Investment Co Accounts Payable & Accrued Expense Chart

Invictus Investment Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 113.17 217.80 841.98 416.36 564.95

Invictus Investment Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only 841.98 636.40 416.36 459.21 564.95

Invictus Investment Co 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.

Invictus Investment Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Invictus Investment Co PLC (ADX:INVICTUS) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
Dubai Airport Freezone Authority, Plot W34, Dubai, ARE
Website
https://invictusinvestment.ae
Invictus Investment Co PLC engages in the trading of agricultural commodities, food products, non-manufactured precious metal trading, and other general items. The Group operates two reportable segments - International Trading Business and Agri Commodities Wholesale Trading & Local Distribution in Morocco, out of which it derives maximum revenue from International Trading Business segment. It is specializing in trading various commodities, especially agro-food products, and finished goods trading business across Africa, the Middle East, Europe, USA and Asia. It trades Grains, Oilseeds, Edible Oils, Animal Feed, Pulses, spray-dried Gum Arabic, and Meats, among other products.

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