Gulf Investment House KSC (KUW:GIH) Accounts Payable & Accrued Expense : KWD2.82 Mil (As of Mar. 2025)

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What is Gulf Investment House KSC Accounts Payable & Accrued Expense?

Gulf Investment House KSC's quarterly accounts payable & accrued expense declined from Sep. 2024 (KWD2.27 Mil) to Dec. 2024 (KWD0.31 Mil) but then increased from Dec. 2024 (KWD0.31 Mil) to Mar. 2025 (KWD2.82 Mil).

Gulf Investment House KSC's annual accounts payable & accrued expense increased from Dec. 2022 (KWD1.67 Mil) to Dec. 2023 (KWD1.80 Mil) but then declined from Dec. 2023 (KWD1.80 Mil) to Dec. 2024 (KWD0.31 Mil).

Gulf Investment House KSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gulf Investment House KSC'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 Investment House KSC Accounts Payable & Accrued Expense Chart

Gulf Investment House KSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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1.62

1.87

1.67

1.80

0.31

Gulf Investment House KSC Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.55	2.23	2.27	0.31	2.82

Gulf Investment House KSC 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 Investment House KSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gulf Investment House KSC (KUW:GIH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fadh Al Salem Street, Al Qibla, P.O. Box 28808, Block 6, Safat, Kuwait City, KWT, 13149

Website

http://www.gih.com.kw

Gulf Investment House KSC (GIH) is a financial services company. It is engaged in investment activities and related financial and advisory services. The company also trades and invests in properties. The company derives majority of its revenue from Investment. The operating segments of the group are Investments, Manufacturing and Real estate. It derives a majority of revenue from the Investments segment. It earns fees and commission income from a diverse range of asset management, investment banking, custody, and brokerage services provided to the customers.

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