Galadari Hotels (Lanka) (COL:GHLL.N0000) Accounts Payable & Accrued Expense : රු744 Mil (As of Sep. 2023)

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What is Galadari Hotels (Lanka) Accounts Payable & Accrued Expense?

Galadari Hotels (Lanka)'s quarterly accounts payable & accrued expense declined from Mar. 2023 (රු739 Mil) to Jun. 2023 (රු623 Mil) but then increased from Jun. 2023 (රු623 Mil) to Sep. 2023 (රු744 Mil).

Galadari Hotels (Lanka)'s annual accounts payable & accrued expense increased from Dec. 2020 (රු166 Mil) to Dec. 2021 (රු259 Mil) and increased from Dec. 2021 (රු259 Mil) to Dec. 2022 (රු530 Mil).

Galadari Hotels (Lanka) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Galadari Hotels (Lanka)'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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Galadari Hotels (Lanka) Accounts Payable & Accrued Expense Chart

Galadari Hotels (Lanka) Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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224.94

183.40

166.32

259.26

530.14

Galadari Hotels (Lanka) Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															523.94	530.14	739.08	622.78	743.71

Galadari Hotels (Lanka) 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.

Galadari Hotels (Lanka) (COL:GHLL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Galadari Hotels (Lanka) PLC (COL:GHLL.N0000) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

No. 64, Lotus Road, Colombo, LKA, 01

Website

https://www.galadarihotel.lk

Galadari Hotels (Lanka) PLC is involved in the lodging business sector. The principal activity of the company is hoteliering. In terms of revenue, the organization generates income from the sale of rooms and sale of food and beverages. The Food and Beverage sales generate maximum revenue for the company. The hotel provides its services for dining, wedding, accommodation, and meetings. Its service only caters to the Sri Lankan market.

Galadari Hotels (Lanka) (COL:GHLL.N0000) Headlines

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