Ghitha Holding PJSC (ADX:GHITHA) Accounts Payable & Accrued Expense : د.إ1,106 Mil (As of Sep. 2023)

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What is Ghitha Holding PJSC Accounts Payable & Accrued Expense?

Ghitha Holding PJSC's quarterly accounts payable & accrued expense increased from Dec. 2022 (د.إ549 Mil) to Jun. 2023 (د.إ1,100 Mil) and increased from Jun. 2023 (د.إ1,100 Mil) to Sep. 2023 (د.إ1,106 Mil).

Ghitha Holding PJSC's annual accounts payable & accrued expense increased from Dec. 2020 (د.إ53 Mil) to Dec. 2021 (د.إ223 Mil) and increased from Dec. 2021 (د.إ223 Mil) to Dec. 2022 (د.إ549 Mil).

Ghitha Holding PJSC Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ghitha Holding PJSC'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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Ghitha Holding PJSC Accounts Payable & Accrued Expense Chart

Ghitha Holding PJSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

33.30

52.61

223.31

549.24

Ghitha Holding PJSC Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							796.92	655.18	549.24	1,100.08	1,106.03

Ghitha Holding PJSC 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.

Ghitha Holding PJSC (ADX:GHITHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ghitha Holding PJSC (ADX:GHITHA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Meena Zayed Port Area, P.O. Box 53314, Abu Dhabi, ARE

Website

https://www.ghitha.com

Ghitha Holding PJSC is engaged in trading, re-packaging, storage, and distribution of food and non-food products. The product portfolio includes dry food products, canned foods, frozen food, processed food items, household items, stationeries, disposables, toiletries, chemicals, and other products.

Ghitha Holding PJSC (ADX:GHITHA) Headlines

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