Gulf Navigation Holding PJSC (DFM:GULFNAV) Accounts Payable & Accrued Expense : د.إ122.31 Mil (As of Mar. 2024)

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What is Gulf Navigation Holding PJSC Accounts Payable & Accrued Expense?

Gulf Navigation Holding PJSC's quarterly accounts payable & accrued expense increased from Sep. 2023 (د.إ34.38 Mil) to Dec. 2023 (د.إ92.53 Mil) and increased from Dec. 2023 (د.إ92.53 Mil) to Mar. 2024 (د.إ122.31 Mil).

Gulf Navigation Holding PJSC's annual accounts payable & accrued expense declined from Dec. 2021 (د.إ112.98 Mil) to Dec. 2022 (د.إ65.87 Mil) but then increased from Dec. 2022 (د.إ65.87 Mil) to Dec. 2023 (د.إ92.53 Mil).

Gulf Navigation Holding PJSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gulf Navigation Holding 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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Gulf Navigation Holding PJSC Accounts Payable & Accrued Expense Chart

Gulf Navigation Holding PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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103.87

106.88

112.98

65.87

92.53

Gulf Navigation Holding PJSC 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															50.56	51.96	34.38	92.53	122.31

Gulf Navigation Holding 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.

Gulf Navigation Holding PJSC (DFM:GULFNAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gulf Navigation Holding PJSC (DFM:GULFNAV) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Al Barsha 1, P.O. Box: 49651, 39th Floor, API Trio Tower, Dubai, ARE

Website

https://www.gulfnav.com

Gulf Navigation Holding PJSC is engaged in sea transport of oil and petroleum products and similar commodities, ship charter, and others. Its business segments include Vessel owning and chartering Ship management and technical management of vessels Marine products sales, and distribution that includes trading of goods such as supplies, chemicals, and gases required for ships, Shipping and technical service including providing agency services to ships calling at ports, and providing workshop services for boats, and Others that includes management of all divisions and administrative activities. The majority of the revenue is generated from the Vessel owning and chartering segment.

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