Shapir Engineering and Industry (XTAE:SPEN) Accounts Payable & Accrued Expense : ₪889 Mil (As of Dec. 2024)

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What is Shapir Engineering and Industry Accounts Payable & Accrued Expense?

Shapir Engineering and Industry's quarterly accounts payable & accrued expense increased from Jun. 2024 (₪917 Mil) to Sep. 2024 (₪932 Mil) but then declined from Sep. 2024 (₪932 Mil) to Dec. 2024 (₪889 Mil).

Shapir Engineering and Industry's annual accounts payable & accrued expense declined from Dec. 2022 (₪1,059 Mil) to Dec. 2023 (₪926 Mil) and declined from Dec. 2023 (₪926 Mil) to Dec. 2024 (₪889 Mil).

Shapir Engineering and Industry Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shapir Engineering and Industry'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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Shapir Engineering and Industry Accounts Payable & Accrued Expense Chart

Shapir Engineering and Industry Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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739.94

784.00

1,059.00

926.00

889.00

Shapir Engineering and Industry Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															926.00	964.00	917.00	932.00	889.00

Shapir Engineering and Industry 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.

Shapir Engineering and Industry Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shapir Engineering and Industry Ltd (XTAE:SPEN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

12 Bareket Street, Petach Tikva, ISR, 49170

Website

http://www.shapir.co.il

Shapir Engineering and Industry Ltd is an Israel-based company which is active in engineering and construction industry. It is engaged in manufacturing and supplying of aggregates and road materials, concrete, concrete fabricated plant as well as asphalt for road paving. The company also manufactures ready mix concrete and building finishing products and prefabricated elements from prestressed and precast concrete. Shapir focuses on developing high-quality apartment buildings and other apartments in various projects through Israel.

Shapir Engineering and Industry Headlines

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