The Securities House KSC (KUW:SECH) Accounts Payable & Accrued Expense : KWD3.37 Mil (As of Dec. 2023)

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What is The Securities House KSC Accounts Payable & Accrued Expense?

The Securities House KSC's quarterly accounts payable & accrued expense declined from Jun. 2023 (KWD3.48 Mil) to Sep. 2023 (KWD3.38 Mil) and declined from Sep. 2023 (KWD3.38 Mil) to Dec. 2023 (KWD3.37 Mil).

The Securities House KSC's annual accounts payable & accrued expense declined from Dec. 2021 (KWD3.17 Mil) to Dec. 2022 (KWD3.04 Mil) but then increased from Dec. 2022 (KWD3.04 Mil) to Dec. 2023 (KWD3.37 Mil).

The Securities House KSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for The Securities 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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The Securities House KSC Accounts Payable & Accrued Expense Chart

The Securities House KSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3.63

2.93

3.17

3.04

3.37

The Securities House KSC 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															3.04	3.61	3.48	3.38	3.37

The Securities 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.

The Securities House KSC (KUW:SECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Securities House KSC (KUW:SECH) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Khalid Ibn Al-Waleed Street, P.O.Box 26972, 18th Floor, Al-Dhow Tower, Sharq, Safat, KWT, 13130

Website

https://www.sh.com.kw

The Securities House KSC is an investment company. Its services include dealing and brokerage in securities, underwriting, and sale of third-party-issued securities, investment trust, and investment monitoring, providing financial advisory and research services, establishing financial, real estate, industrial, and multipurpose investment funds, and companies, fund management on behalf of third parties, investment in real estate and other economic sectors, finance activities and mediation in borrowing and international trade activities. Its segments include Proprietary investment management; Asset management, and advisory services; and commercial activities.

The Securities House KSC (KUW:SECH) Headlines

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