Knafaim Holdings (XTAE:KNFM) Accounts Payable & Accrued Expense : ₪11.75 Mil (As of Sep. 2024)

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What is Knafaim Holdings Accounts Payable & Accrued Expense?

Knafaim Holdings's quarterly accounts payable & accrued expense increased from Dec. 2023 (₪8.59 Mil) to Mar. 2024 (₪13.28 Mil) but then declined from Mar. 2024 (₪13.28 Mil) to Sep. 2024 (₪11.75 Mil).

Knafaim Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (₪21.27 Mil) to Dec. 2022 (₪19.59 Mil) and declined from Dec. 2022 (₪19.59 Mil) to Dec. 2023 (₪8.59 Mil).

Knafaim Holdings Accounts Payable & Accrued Expense Historical Data

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

Knafaim Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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884.69

7.12

21.27

19.59

8.59

Knafaim Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															28.43	29.40	8.59	13.28	11.75

Knafaim Holdings 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.

Knafaim Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Knafaim Holdings Ltd (XTAE:KNFM) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Ayalon House, 12 Aba Hillel Street, Ramat Gan, ISR, 52008

Website

https://www.knafaim.co.il

Knafaim Holdings Ltd, through its subsidiaries, operates domestic flights and international charter flights. It also leases planes and provides maintenance services for airplanes and runways in Israel.

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