Alahli REIT Fund 1 (SAU:4338) Accounts Payable & Accrued Expense : ﷼36.7 Mil (As of Jun. 2023)

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What is Alahli REIT Fund 1 Accounts Payable & Accrued Expense?

Alahli REIT Fund 1's quarterly accounts payable & accrued expense declined from Jun. 2022 (﷼38.0 Mil) to Dec. 2022 (﷼22.9 Mil) but then increased from Dec. 2022 (﷼22.9 Mil) to Jun. 2023 (﷼36.7 Mil).

Alahli REIT Fund 1's annual accounts payable & accrued expense declined from Dec. 2020 (﷼25.3 Mil) to Dec. 2021 (﷼22.3 Mil) but then increased from Dec. 2021 (﷼22.3 Mil) to Dec. 2022 (﷼22.9 Mil).

Alahli REIT Fund 1 Accounts Payable & Accrued Expense Historical Data

The historical data trend for Alahli REIT Fund 1'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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Alahli REIT Fund 1 Accounts Payable & Accrued Expense Chart

Alahli REIT Fund 1 Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

15.80

25.00

25.28

22.25

22.89

Alahli REIT Fund 1 Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						23.61	22.25	38.04	22.89	36.69

Alahli REIT Fund 1 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.

Alahli REIT Fund 1 (SAU:4338) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alahli REIT Fund 1 (SAU:4338) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

King Saud Road, P.O. Box 22216, Regional Building of National Commercial Bank, Riyadh, SAU, 11495

Website

https://www.alahlireit.com

Alahli REIT Fund 1 invests in income-producing properties. Its objective is to provide periodic rental income to Unitholders through investing in developed income-generating properties and to potentially provide capital growth by developing and/or expanding and/or selling assets. The Fund invests mainly in developed income-generating real estate assets and may invest part of its assets and cash surplus in Murabaha transactions and short-term deposits in Saudi Riyals with banks that are licensed by the Saudi Central Bank (SAMA) and operate in Saudi Arabia. The Fund may also invest in public money market funds approved by CMA.

Alahli REIT Fund 1 (SAU:4338) Headlines

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