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Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Accounts Payable : KWD53.6 Mil (As of Dec. 2024)


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What is Ali Alghanim Sons Automotive Co KSC Accounts Payable?

Ali Alghanim Sons Automotive Co KSC's Accounts Payable for the quarter that ended in Dec. 2024 was KWD53.6 Mil.

Ali Alghanim Sons Automotive Co KSC's quarterly Accounts Payable increased from Jun. 2024 (KWD26.0 Mil) to Sep. 2024 (KWD38.9 Mil) and increased from Sep. 2024 (KWD38.9 Mil) to Dec. 2024 (KWD53.6 Mil).

Ali Alghanim Sons Automotive Co KSC's annual Accounts Payable declined from Dec. 2022 (KWD36.9 Mil) to Dec. 2023 (KWD30.6 Mil) but then increased from Dec. 2023 (KWD30.6 Mil) to Dec. 2024 (KWD53.6 Mil).

Ali Alghanim Sons Automotive Co KSC Accounts Payable Historical Data

The historical data trend for Ali Alghanim Sons Automotive Co KSC's Accounts Payable 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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Ali Alghanim Sons Automotive Co KSC Accounts Payable Chart

Ali Alghanim Sons Automotive Co KSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Accounts Payable
17.48 36.92 30.60 53.62

Ali Alghanim Sons Automotive Co KSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accounts Payable 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 30.60 41.73 26.01 38.92 53.62

Ali Alghanim Sons Automotive Co KSC Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Ali Alghanim Sons Automotive Co KSC Accounts Payable Related Terms

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Ali Alghanim Sons Automotive Co KSC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ali Alghanim Sons Automotive Co KSC (KUW:ALG) » Definitions » Accounts Payable
Comparable Companies
CVNA PAG TPE:2207 XBRU:DIE KMX LAD AN GPI TSE:4732 VVV ABG RUSHA HKSE:00881 LSE:INCH TSX:BYD ASX:APE CARG DRVN ACVA MCW
Traded in Other Exchanges
N/A
Address
Airport Road 55, P.O. Box 21540, Safat, Opposite Kaifan Telecommunication, Shuwaikh, KWT, 13076
Website
https://alg.com.kw
Ali Alghanim Sons Automotive Co KSC is engaged in the automotive business. The primary activities of the company are selling and purchasing cars and spare parts, importing and exporting light and heavy vehicles and cars, renting cars, maintaining light & heavy vehicles and cars, trading auto spare parts, and renting equipment and their maintenance. The Group is divided into three geographical segments that are: State of Kuwait, Iraq and United Arab Emirates.