Al Madina for finance and Investment Co (DFM:ALMADINA) Accounts Payable & Accrued Expense : د.إ84.79 Mil (As of Jun. 2021)

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What is Al Madina for finance and Investment Co Accounts Payable & Accrued Expense?

Al Madina for finance and Investment Co's quarterly accounts payable & accrued expense increased from Dec. 2020 (د.إ0.00 Mil) to Mar. 2021 (د.إ95.29 Mil) but then declined from Mar. 2021 (د.إ95.29 Mil) to Jun. 2021 (د.إ84.79 Mil).

Al Madina for finance and Investment Co's annual accounts payable & accrued expense declined from Dec. 2018 (د.إ5.62 Mil) to Dec. 2019 (د.إ0.00 Mil) but then stayed the same from Dec. 2019 (د.إ0.00 Mil) to Dec. 2020 (د.إ0.00 Mil).

Al Madina for finance and Investment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Al Madina for finance and 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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Al Madina for finance and Investment Co Accounts Payable & Accrued Expense Chart

Al Madina for finance and Investment Co Annual Data

Trend

Dec11

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Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Payable & Accrued Expense

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36.67

35.97

5.62

Al Madina for finance and Investment Co Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7.21	-	-	95.29	84.79

Al Madina for finance and 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.

Al Madina for finance and Investment Co (DFM:ALMADINA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Al Madina for finance and Investment Co (DFM:ALMADINA) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Al Merqab, Al Sour Street, Jassim Al Asfour Tower, P.O. Box 2799, Safat, Kuwait City, KWT, 13028

Website

http://www.almadinainvest.com

Al Madina for finance and Investment Co. is an investment company. Its activities revolve around direct investments, fund management, portfolio management, and financial services with a key focus in the Middle East and North Africa region. The company has two segments that drive the operations - Real Estate segment which develops and sells land and properties, and Investment segment is engaged in direct investment and portfolio management and investment funds for third parties.

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