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Kuwait International Bank KSC (KUW:KIB) Accounts Payable & Accrued Expense : KWD39.07 Mil (As of Mar. 2025)


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What is Kuwait International Bank KSC Accounts Payable & Accrued Expense?

Kuwait International Bank KSC's quarterly accounts payable & accrued expense increased from Sep. 2024 (KWD28.29 Mil) to Dec. 2024 (KWD33.70 Mil) and increased from Dec. 2024 (KWD33.70 Mil) to Mar. 2025 (KWD39.07 Mil).

Kuwait International Bank KSC's annual accounts payable & accrued expense increased from Dec. 2022 (KWD22.53 Mil) to Dec. 2023 (KWD38.88 Mil) but then declined from Dec. 2023 (KWD38.88 Mil) to Dec. 2024 (KWD33.70 Mil).


Kuwait International Bank KSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kuwait International Bank 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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Kuwait International Bank KSC Accounts Payable & Accrued Expense Chart

Kuwait International Bank KSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.59 17.63 22.53 38.88 33.70

Kuwait International Bank 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.05 27.98 28.29 33.70 39.07

Kuwait International Bank 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.


Kuwait International Bank KSC Business Description

Traded in Other Exchanges
N/A
Address
West Tower - Joint Banking Center, P.O. Box 22822, Al Abdul Razzak Square, Safat, Kuwait, KWT, 13089
Kuwait International Bank KSC is an Islamic banking corporation based in Kuwait. The company's segments include Commercial and International Banking; Retail Banking; Treasury, Fund Management and Institutional Banking; Investment Management and others. It generates maximum revenue from the Commercial and International Banking segment. Commercial and International Banking segment comprising of range of banking services and investment products to corporate customers providing commodity and real estate Murabaha finance, Ijara and Wakala facilities.

Kuwait International Bank KSC Headlines

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