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First Prudential Modaraba (KAR:PMI) Accounts Payable & Accrued Expense : ₨0.00 Mil (As of . 20)


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What is First Prudential Modaraba Accounts Payable & Accrued Expense?


First Prudential Modaraba Accounts Payable & Accrued Expense Historical Data

The historical data trend for First Prudential Modaraba'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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First Prudential Modaraba Accounts Payable & Accrued Expense Chart

First Prudential Modaraba Annual Data
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Accounts Payable & Accrued Expense

First Prudential Modaraba Quarterly Data
Accounts Payable & Accrued Expense

First Prudential Modaraba 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.


First Prudential Modaraba (KAR:PMI) Business Description

Traded in Other Exchanges
N/A
Address
3rd Floor, Horizon Vista, Plot No: Commercial 10, Block No: 4, Clifton, Scheme No.5, Karachi, PAK
First Prudential Modaraba is managed by Prudential Capital Management Limited. It provides various Islamic funding & businesses including ijarah financing, deployment of the fund in musharika, morabaha, and investment in securities. It provides financial assistance for working capital needs, Ijaraha of all types of assets with special emphasis on vehicle and industrial machinery, including securitization of lease portfolio of leasing companies and commercial activities including syndication and leveraged leasing, underwriting of public issue of shares.

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