Ghabbour Auto (Ghabbour Auto) Accounts Payable & Accrued Expense : $153.62 Mil (As of Dec. 2023)

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What is Ghabbour Auto Accounts Payable & Accrued Expense?

Ghabbour Auto's quarterly accounts payable & accrued expense increased from Jun. 2023 ($0.00 Mil) to Sep. 2023 ($260.24 Mil) but then declined from Sep. 2023 ($260.24 Mil) to Dec. 2023 ($153.62 Mil).

Ghabbour Auto's annual accounts payable & accrued expense declined from Dec. 2021 ($247.41 Mil) to Dec. 2022 ($173.45 Mil) and declined from Dec. 2022 ($173.45 Mil) to Dec. 2023 ($153.62 Mil).

Ghabbour Auto Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ghabbour Auto'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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Ghabbour Auto Accounts Payable & Accrued Expense Chart

Ghabbour Auto Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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144.54

169.68

247.41

173.45

153.62

Ghabbour Auto Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															173.45	-	-	260.24	153.62

Ghabbour Auto 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.

Ghabbour Auto (Ghabbour Auto) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ghabbour Auto (OTCPK:GBAXY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GBCO:Egypt

Address

Alexandria Desert Road, Industrial Zone - Abou Rawash Kilo meter 28 Cairo, Giza, EGY

Website

https://www.gb-corporation.com

GB Corp is a company engaged in trading, distributing, and marketing of all transportation means including heavy trucks, semi-trucks, passenger cars, buses, minibuses, microbuses, agriculture tractors pick-ups, mechanical tools equipment for sail movement. It operates in segments that include Passenger cars engaged in trading, distributing, and marketing for all kinds of passenger cars including locally manufactured and imported cars. Buses and trucks segment, 2 & 3 Wheels, Financial Services non-Banking, and Other operations which includes trading spare parts, and accessories. The company derives the majority of its revenue from the Passenger car segment.