Al Rajhi REIT Fund (SAU:4340) Accounts Payable & Accrued Expense : ﷼3.9 Mil (As of Dec. 2023)

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What is Al Rajhi REIT Fund Accounts Payable & Accrued Expense?

Al Rajhi REIT Fund's quarterly accounts payable & accrued expense declined from Dec. 2022 (﷼3.6 Mil) to Jun. 2023 (﷼0.0 Mil) but then increased from Jun. 2023 (﷼0.0 Mil) to Dec. 2023 (﷼3.9 Mil).

Al Rajhi REIT Fund's annual accounts payable & accrued expense declined from Dec. 2021 (﷼6.4 Mil) to Dec. 2022 (﷼3.6 Mil) but then increased from Dec. 2022 (﷼3.6 Mil) to Dec. 2023 (﷼3.9 Mil).

Al Rajhi REIT Fund Accounts Payable & Accrued Expense Historical Data

The historical data trend for Al Rajhi REIT Fund'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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Al Rajhi REIT Fund Accounts Payable & Accrued Expense Chart

Al Rajhi REIT Fund Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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6.31

7.09

6.36

3.64

3.88

Al Rajhi REIT Fund Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						6.36	-	3.64	-	3.88

Al Rajhi REIT Fund 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.

Al Rajhi REIT Fund (SAU:4340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Al Rajhi REIT Fund (SAU:4340) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

King Fahad Road, Unit No. 1, PO Box 5561, Al Muruj District, Riyadh, SAU, 11432

Website

https://www.alrajhi-capital.com

Al Rajhi REIT Fund is a close-ended real estate investment traded fund. The investment objective of the company is to invest in income-generating real estate assets. It is divided into four divisions namely Brokerage, Asset Management, Investment Banking, and Research. The Brokerage Division offers a comprehensive brokerage and execution service, The Asset management division manages global, regional, and local mutual funds. Investment Banking offers a complete range of strategic financial advisory services, including debt and equity structuring and arranging to assist clients in achieving their business and financial goals The research division focuses on delivering detailed investment analysis of regional and international equity, markets, and economies.

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