Express Kenya (NAI:XPRS) Accounts Payable & Accrued Expense : KES16.69 Mil (As of Dec. 2023)

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What is Express Kenya Accounts Payable & Accrued Expense?

Express Kenya's quarterly accounts payable & accrued expense declined from Dec. 2021 (KES34.15 Mil) to Dec. 2022 (KES17.97 Mil) and declined from Dec. 2022 (KES17.97 Mil) to Dec. 2023 (KES16.69 Mil).

Express Kenya's annual accounts payable & accrued expense declined from Dec. 2021 (KES34.15 Mil) to Dec. 2022 (KES17.97 Mil) and declined from Dec. 2022 (KES17.97 Mil) to Dec. 2023 (KES16.69 Mil).

Express Kenya Accounts Payable & Accrued Expense Historical Data

The historical data trend for Express Kenya'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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Express Kenya Accounts Payable & Accrued Expense Chart

Express Kenya Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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15.57

16.98

34.15

17.97

16.69

Express Kenya Semi-Annual Data
	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								15.57	16.98	34.15	17.97	16.69

Express Kenya 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.

Express Kenya Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Express Kenya PLC (NAI:XPRS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road A, Off Enterprise Road, Industrial Area, P.O. Box 40433, Express House, Nairobi, KEN, 00100

Website

http://www.expresskenya.co.ke

Express Kenya PLC engages in the provision of clearing and forwarding services for both air and sea, as well as logistics services. It operates through the following segments: Clearing and Forwarding, Warehousing, and Real Estate. The Clearing and Forwarding segment includes the distribution of products to various parts of the country. The Warehousing segment which accounts for the majority of revenue comprises the storage of customers' goods in the warehousing facility. The Real Estate segment consists of the development of properties.

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