Arabi Holding Group (KUW:AGHC) Accounts Payable & Accrued Expense : KWD0.00 Mil (As of Mar. 2024)

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What is Arabi Holding Group Accounts Payable & Accrued Expense?

Arabi Holding Group's quarterly accounts payable & accrued expense declined from Sep. 2023 (KWD99.83 Mil) to Dec. 2023 (KWD83.02 Mil) and declined from Dec. 2023 (KWD83.02 Mil) to Mar. 2024 (KWD0.00 Mil).

Arabi Holding Group's annual accounts payable & accrued expense increased from Dec. 2021 (KWD52.18 Mil) to Dec. 2022 (KWD87.18 Mil) but then declined from Dec. 2022 (KWD87.18 Mil) to Dec. 2023 (KWD83.02 Mil).

Arabi Holding Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Arabi Holding Group'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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Arabi Holding Group Accounts Payable & Accrued Expense Chart

Arabi Holding Group Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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48.10

51.66

52.18

87.18

83.02

Arabi Holding Group 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															116.01	99.70	99.83	83.02	-

Arabi Holding Group 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.

Arabi Holding Group (KUW:AGHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Arabi Holding Group (KUW:AGHC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Forth Ring Road, P.O. Box 4090, Plot 175/176C, Behind Ali Abdulwahab Furniture Showroom, Shuwaikh Industrial Area, Safat, Kuwait, KWT, 13041

Website

http://www.arabigroup.com

Arabi Holding Group is an investment holding company. Its operating segment includes Oil and Gas, and Commercial. It generates maximum revenue from the Oil and Gas segment. Its group's revenue sources include services and maintenance, construction, manpower supply, sale of goods, and other sources. Geographically, it derives a majority of its revenue from Kuwait.