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Hilan (XTAE:HLAN) Accounts Payable & Accrued Expense : ₪729 Mil (As of Mar. 2024)


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What is Hilan Accounts Payable & Accrued Expense?

Hilan's quarterly accounts payable & accrued expense declined from Sep. 2023 (₪607 Mil) to Dec. 2023 (₪430 Mil) but then increased from Dec. 2023 (₪430 Mil) to Mar. 2024 (₪729 Mil).

Hilan's annual accounts payable & accrued expense increased from Dec. 2021 (₪286 Mil) to Dec. 2022 (₪378 Mil) and increased from Dec. 2022 (₪378 Mil) to Dec. 2023 (₪430 Mil).

Hilan Accounts Payable & Accrued Expense Historical Data

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

Hilan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 262.74 258.66 286.08 378.44 430.00

Hilan 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 699.92 615.57 606.65 430.00 729.09

Hilan 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.

Hilan (XTAE:HLAN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Hilan Ltd (XTAE:HLAN) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
HLTEF:USA
Address
8 Meitav Street, Tel Aviv, ISR, 6789809
Website
http://www.hilan.co.il
Hilan Ltd is an Israel-based Application Service Provider (ASP) company. It provides overall management of the human resource in organizations, such as payroll, human resources, time and attendance and pension administration. The company serves banking and finance, communication, health and medicine, retail, hi-tech, teaching and education, transportation companies, hotels, institutions and many others.