Pakistan International Airlines (KAR:PIAA) Accounts Payable & Accrued Expense : ₨218,396 Mil (As of Jun. 2023)

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What is Pakistan International Airlines Accounts Payable & Accrued Expense?

Pakistan International Airlines's quarterly accounts payable & accrued expense increased from Dec. 2022 (₨178,450 Mil) to Mar. 2023 (₨203,826 Mil) and increased from Mar. 2023 (₨203,826 Mil) to Jun. 2023 (₨218,396 Mil).

Pakistan International Airlines's annual accounts payable & accrued expense increased from Dec. 2020 (₨121,214 Mil) to Dec. 2021 (₨129,868 Mil) and increased from Dec. 2021 (₨129,868 Mil) to Dec. 2022 (₨178,450 Mil).

Pakistan International Airlines Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pakistan International Airlines'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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Pakistan International Airlines Accounts Payable & Accrued Expense Chart

Pakistan International Airlines Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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94,165.33

109,574.47

121,214.43

129,867.82

178,449.86

Pakistan International Airlines Quarterly Data
	Jun18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															111,483.82	173,411.30	178,449.86	203,825.81	218,395.90

Pakistan International Airlines 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.

Pakistan International Airlines (KAR:PIAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Pakistan International Airlines Corp Ltd (KAR:PIAA) » Definitions » Accounts Payable & Accrued Expense

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PIAB:Pakistan

Address

PIA Building, Jinnah International Airport, Karachi, PAK, 75200

Website

https://www.piac.com.pk

Pakistan International Airlines Corp Ltd provides commercial air transportation services. It includes passenger, cargo postal carriage, engineering, and other services.

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