Eik fasteignafelag hf (OISE:EIK) Accounts Payable & Accrued Expense : kr2,010 Mil (As of Mar. 2024)

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What is Eik fasteignafelag hf Accounts Payable & Accrued Expense?

Eik fasteignafelag hf's quarterly accounts payable & accrued expense declined from Sep. 2023 (kr1,959 Mil) to Dec. 2023 (kr1,787 Mil) but then increased from Dec. 2023 (kr1,787 Mil) to Mar. 2024 (kr2,010 Mil).

Eik fasteignafelag hf's annual accounts payable & accrued expense declined from Dec. 2021 (kr1,010 Mil) to Dec. 2022 (kr819 Mil) but then increased from Dec. 2022 (kr819 Mil) to Dec. 2023 (kr1,787 Mil).

Eik fasteignafelag hf Accounts Payable & Accrued Expense Historical Data

The historical data trend for Eik fasteignafelag hf'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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Eik fasteignafelag hf Accounts Payable & Accrued Expense Chart

Eik fasteignafelag hf Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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614.00

660.00

1,010.00

819.00

1,787.00

Eik fasteignafelag hf 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															4,174.00	1,802.00	1,959.00	1,787.00	2,010.00

Eik fasteignafelag hf 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.

Eik fasteignafelag hf (OISE:EIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Eik fasteignafelag hf (OISE:EIK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Soltun 26, Reykjavik, ISL, 105

Website

https://www.eik.is

Eik fasteignafelag hf is a real estate company. The company owns and leases real estate properties. Its real estate portfolio consists of housing, retail and office space in the business areas. It also engaged in leasing of commercial real estate. It offers spaces for offices, warehouses and retail spaces in both urban and rural area.

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